Topic Archive

#Anti-money laundering

11 Stories Found

Coins•Nov 8, 2026

Binance Co-Founder Yi He Warns of Five USDT Deposit Types Subject to Account Freezes

Key Highlights: Binance co-founder Yi He has warned users against depositing five specific sources of Tether ($USDT), including tokens from Myanmar, Cambodia, discounted sales, relatives, and third-party account transfers. The exchange’s compliance protocols track on-chain wallet history and provenance, meaning accounts can face scrutiny and immediate asset freezes even if the account holder was unaware ...

5 min readRead

Coins•Nov 8, 2026

OKX Warns MEXC Users of Deposit Freezes Ahead of FinCEN Cutoff Deadline

Key Highlights: OKX users are reporting asset freezes and risk reviews when attempting to deposit funds transferred directly from cryptocurrency exchange MEXC. OKX CEO Star Xu issued a warning regarding transfers linked to MEXC, citing strengthened internal compliance controls following recent regulatory developments. The deposit issues follow a Financial Crimes Enforcement Network (FinCEN) order penalizing ...

5 min readRead

Coins•Nov 6, 2026

US Imposes Severe Sanctions on Major Cryptocurrency Exchange

Key Highlights The U.S. government has uncovered billions of dollars in illicit transactions on cryptocurrency exchange MEXC Global tied to sanctioned entities in Iran and Russia. FinCEN has issued an order barring U.S. financial institutions from processing fund transfers to or from MEXC Global, with penalties for non-compliance. The enforcement restriction will formally take effect ...

4 min readRead

Coins•Nov 4, 2026

Block Reaches Three-Year Deferred Prosecution Agreement with DOJ Over Money Laundering Charge

Key Highlights: Block has entered into a three-year deferred prosecution agreement (DPA) with federal prosecutors, placing the company under ongoing federal oversight to resolve charges tied to anti-money laundering (AML) failures at Cash App. The federal action follows roughly $120 million in combined state penalties and remediation commitments, including a $40 million New York Department ...

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Coins•Nov 4, 2026

Jack Dorsey’s Block Faces $764 Million DOJ Settlement as Bitcoin Profit Plunges 50%

Key Highlights Block, led by Jack Dorsey, has agreed in principle to pay $764 million to resolve a Department of Justice investigation regarding anti-money-laundering compliance failures. Under the proposed deferred prosecution agreement, a criminal charge under the Bank Secrecy Act will be deferred for three years. The settlement stems from a probe initiated in 2023 ...

3 min readRead

Coins•Nov 2, 2026

Elliptic Reveals North Korea’s Rapid Laundering of Stolen Funds

Key Highlights Blockchain intelligence firm Elliptic has uncovered critical data detailing cryptocurrency laundering operations, particularly highlighting activities tied to state-sponsored actors such as North Korea. While the digital asset market has not yet registered direct price movements from the revelations, the findings are driving heightened attention toward centralized exchange compliance and on-chain security protocols. Traders, ...

4 min readRead

Sports•Oct 29, 2026

AMLA Proposes Mandatory Customer Due Diligence for EU Online Gambling Transactions from €2,000

Key Highlights: The European Union Anti-Money Laundering Authority (AMLA) has proposed mandatory customer due diligence for online gambling transactions. Under the proposed framework, operators would be required to verify customers when transactions reach or exceed a €2,000 threshold. The measure was detailed in a draft report on regulatory technical standards presented by AMLA in October. ...

3 min readRead

Coins•Oct 23, 2026

Kraken Drops Monero Withdrawal Questionnaires While Keeping XMR Listed

Key Highlights: Kraken has revoked recent customer inquiries regarding what clients planned to do with their funds post-withdrawal, confirming no action is required from those contacted. Leadership reaffirmed support for Monero, confirming the privacy token will stay listed and accessible for trading and self-custody withdrawals where permitted. The exchange maintains that traditional source-of-funds verification remains ...

4 min readRead

Coins•Oct 17, 2026

EU and 8 Nations Sign Warsaw Protocol to Combat Crypto Crime

Key Highlights: The European Union and eight partner nations have signed an Additional Protocol to modernize the Council of Europe’s Warsaw Convention. Signatories include Georgia, Greece, Hungary, Luxembourg, Monaco, Montenegro, San Marino, the United Kingdom, and the EU. The treaty expansion focuses on cross-border asset recovery, combating the use of cryptocurrency assets for illicit purposes, ...

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Coins•Sep 21, 2026

FCA Targets Three London Premises in Illegal P2P Crypto Trading Crackdown

Key Highlights The Financial Conduct Authority, HM Revenue & Customs, and the Metropolitan Police jointly inspected three London commercial premises on September 10 over suspected unregistered peer-to-peer crypto trading, with details published on September 17. Cease-and-desist notices were issued to the businesses involved, targeting physical and P2P operations operating outside the UK’s anti-money-laundering registration and ...

4 min readRead

Coins•Sep 13, 2026

Thailand’s SEC Proposes $151K Daily Cap on Stablecoin Transfers

Thailand SEC Proposes Daily Stablecoin Transfer Cap of $151,000 Thailand’s Securities and Exchange Commission (SEC) has opened a public consultation on new stablecoin regulations, proposing a daily transfer limit of approximately $151,000 per person. The move signals a tightening of oversight for digital-asset payments as stablecoin usage grows in the country. Proposed Rules and Transfer ...

2 min readRead