March 26, 2024 Image: Freepik/macrovectorAnti-money laundering is an issue plaguing more than just the financial industry. Due to our everyday lives becoming more digitized,...
The Role and Importance of Biometric Technology in the Banking Sector
In recent years, the banking sector has witnessed a significant transformation in terms of...
The Victorian Gambling and Casino Control Commission (VGCCC) ordered Tabcorp to make almost all of its Electronic Betting Terminals (EBTs) cashless. The statewide direction...
China Increases Enforcement Measures on Tether in Foreign Exchange Trading
China has recently ramped up its enforcement measures on Tether, a popular cryptocurrency pegged to...
Supporting criminal activity and risking substantial fines from regulators that also damage their reputation are not things any financial institution aspires to. Yet many...
Money laundering is the lifeblood of organised criminals – put simply, without the ability to move and convert criminal proceeds into “clean” money to...
The UK’s Financial Conduct Authority (FCA) has joined forces with the Bank of England (BOE) to gather public input on their forthcoming regulatory framework...
PayPal has officially obtained registration for its cryptocurrency activities in the United Kingdom, according to the Financial Conduct Authority website. This marks a significant...
The Financial Crimes Enforcement Network (FinCEN) has recently introduced proposed regulations targeting cryptocurrency mixers. These regulations aim to enhance the transparency and accountability of...
Cyprus is set to introduce stringent penalties for unregulated cryptocurrency service providers (CSPs), according to the Cyprus Mail. The government has submitted a legislative amendment...