Tagged: compliance

June 10, 2026 @ 12:11 am By Omar Faridi  |  

UK Finance has indicated that effective sanctions enforcement, identifying the real owners or controllers of assets has always presented significant difficulties. This challenge intensifies significantly with cryptocurrencies, where the technology’s much-heralded openness does not always translate into clear links between transactions and real-world individuals or… Read More

June 4, 2026 @ 3:16 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has recently announced the conclusion of a large-scale collaborative effort targeting scam operations. The initiative, involving major technology firms and U.S. law enforcement, resulted in the freezing of more than $3 million linked to fraudulent networks primarily active in Southeast Asia. This outcome… Read More

May 30, 2026 @ 4:16 pm By Omar Faridi  |  

Blockchain analytics firm Chainalysis has released fresh insights into the evolving landscape of crypto compliance, revealing a marked maturation in how organizations monitor illicit flows. According to their latest benchmark analysis, the compliance baseline has risen sharply. Nearly half of entities joining the ecosystem in… Read More

May 27, 2026 @ 2:07 am By Omar Faridi  |  

Regtech firm ComplyAdvantage, a provider of artificial intelligence solutions for financial crime prevention, has made an enhancement to its product offerings. The regulatory technology company announced the full integration of its payment screening capabilities into the AI-native Mesh platform. This development aims to equip financial… Read More

May 21, 2026 @ 9:33 pm By Omar Faridi  |  

Blockchain analytics firm Elliptic has announced full integration with Kaia, a an EVM-compatible Layer-1 network designed to power regulated stablecoin payments and on-chain services across Asia. The latest partnership equips compliance and investigation professionals with comprehensive real-time and historical visibility into one of the region’s… Read More

May 21, 2026 @ 2:51 pm By Omar Faridi  |  

Finfluencers are actively harming consumers and preventing them from achieving financial independence. Unsuspecting social media users are increasingly being subjected to flashy posts where people are shown driving fancy cars and flaunting their wealth but these are usually just props. In order to achieve true… Read More

May 1, 2026 @ 10:40 am By Omar Faridi  |  

Elliptic pointed out that global regulators are now focused on paving clearer pathways for financial institutions to engage with digital assets. According to the latest insights from the blockchain analytics provider, the core focus has now seemingly shifted from whether to participate to how well-prepared… Read More

April 29, 2026 @ 3:28 pm By Omar Faridi  |  

Blockchain analytics firm Elliptic has spotlighted a wave of recent regulatory steps by American and European authorities that are placing digital currencies under heightened examination. These initiatives target the use of crypto for dodging international penalties, with fresh measures aimed squarely at activities linked to… Read More

April 24, 2026 @ 12:45 am By Omar Faridi  |  

Regtech firm Entrust has incorporated Australia’s official Document Verification Service (DVS) into its advanced identity verification platform. The development equips businesses across multiple sectors with a streamlined, locally compliant tool to verify customers while combating financial crime. Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) rules… Read More

March 31, 2026 @ 7:10 pm By Omar Faridi  |  

In a recent enforcement action, the U.S. District Court for the Southern District of New York has approved a consent order against Peken Global Limited, the Turks and Caicos Islands-incorporated company that runs the cryptocurrency exchange KuCoin. The ruling, announced by the Commodity Futures Trading… Read More

March 29, 2026 @ 2:35 pm By Omar Faridi  |  

Canada is set to prohibit cryptocurrency contributions to federal political campaigns, mirroring a recent step taken by the United Kingdom to curb similar risks. The proposed legislation, known as Bill C-25 or the Strong and Free Elections Act, was tabled in Parliament on March 26… Read More

March 29, 2026 @ 1:06 pm By Omar Faridi  |  

California Governor Gavin Newsom has taken decisive action to safeguard public integrity by issuing an executive order that explicitly forbids state appointees from exploiting confidential information for financial gain on prediction market platforms. Signed on March 27, 2026, the directive immediately reinforces longstanding ethics standards… Read More

March 21, 2026 @ 2:52 pm By Omar Faridi  |  

In a detailed analysis shared recently, blockchain intelligence leader TRM Labs reframes deconfliction—the process of spotting when multiple law-enforcement teams are targeting the same digital assets or suspects—as far more than a tool for cutting redundant work. The web3 and blockchain focused firm now argues… Read More

March 20, 2026 @ 8:35 am By Omar Faridi  |  

Blockchain analytics firm Elliptic pointed out that on March 17, 2026, the US Securities and Exchange Commission released a detailed interpretation that brings much-needed transparency to the digital asset space. Elliptic also explained that this guidance arrives in the wake of a formal agreement with… Read More

March 19, 2026 @ 10:53 am By Omar Faridi  |  

Blockchain analytics provider Elliptic has recently highlighted a US Treasury assessment that positions advanced on-chain monitoring technologies as central to strengthening safeguards against financial crime in the digital asset space. The report fulfills a congressional mandate under the Guiding and Establishing National Innovation for US… Read More

March 12, 2026 @ 3:34 pm By Omar Faridi  |  

Blockchain analytics firm Chainalysis has published a detailed assessment of the Financial Action Task Force’s (FATF) March 2026 Targeted Report on Stablecoins and Unhosted Wallets. Released recently this month, the analysis underscores a major regulatory pivot: authorities worldwide must move beyond traditional on-and-off ramps to… Read More

March 11, 2026 @ 11:13 am By Omar Faridi  |  

Elliptic has indicated that stablecoins have emerged as the backbone of on-chain transactions, powering everything from everyday payments to complex DeFi protocols. Blockchain intelligence firm Elliptic also mentioned that this popularity has made them the preferred vehicle for illicit finance. Elliptic pointed out that while… Read More

March 9, 2026 @ 4:55 pm By Omar Faridi  |  

TRM Labs has indicated that community banks and credit unions across the United States are no longer viewing cryptocurrencies as a distant trend confined to online exchanges and specialized apps. TRM Labs pointed out that, instead, these institutions now recognize indirect exposure through everyday transactions… Read More

March 7, 2026 @ 4:24 pm By Tony Zerucha  |  

Vivox AI, a UK-based technology company building regulator-ready, atomic AI agents for AML, KYB/KYC and financial crime, has raised £1.3 million (€1.5 million) to accelerate product development and scale its enterprise platform. The round includes backing from Axel Weber, former president of Germany’s central bank… Read More

March 1, 2026 @ 2:57 pm By Omar Faridi  |  

Blockchain intelligence firm TRM Labs continues to focus on enhancing legal and financial frameworks for cryptocurrency ecosystems. Recent updates from the blockchain and crypto networks analytics company highlight innovative approaches to leveraging blockchain data in judicial proceedings and risk management for crypto-integrated financial products. These… Read More