Money Laundering Problems Solvable through Cryptocurrencies
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Leaked documents supposedly exposed HSBC involvement in fraudulent transfers of millions of dollars worldwide despite the knowledge of the same. However, the documents provided mere speculations, and the accusations are yet to be confirmed. The United Nations estimates that around $5.5 billion of...

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By: Wayne Jones

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#AML #Blockchain #CBDCs #Cryptos #HSBC #UN

RBA Has No Plans to Issue a CBDC, Research Still Ongoing
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Responding to concerns about monetary sovereignty, the Reserve Bank of Australia (RBA) said the public policy case for general-purpose issuance or retail CBDC in Australia remains considered.



The RBA's view, voiced by the bank's chief policy officer Tony Richards, is challenging the influx of...

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By: Wayne Jones

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#AML #CBDC #EuropeanCentralBank #KYC

APAC Takes The First Step in Regulating Cryptocurrency Markets
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With Bitcoin hitting the mythical US$20,000 mark for one Bitcoin, the crypto market has been flooded with trading activities for the past few weeks. In less than three months, Bitcoin has climbed up its initial price of US$10,000 per Bitcoin and managed to attract scrutiny not just from the...

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By: Wayne Jones

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#AML #Bitcoin #CFT #CryptoRegulations #ICO #KYC #SFC

Binance Profits to Range Between $800 Million to $1 Billion this Year
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By far the largest cryptocurrency by market cap, bitcoin's price has risen over 170% since the year started. Earlier this week, it made news to set a new all-time high before giving back some gains. Similarly, exchange volumes have exploded. Launched in 2017 by Changpeng Zhao(CZ), Binance is one...

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By: Wayne Jones

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#AML #CoinMarketCap #CryptoExchange #CryptoRegulations #FATF

Coinfirm Partners AJMS For Crypto AML Screening
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Coinfirm AML Platform for crypto assets is aimed at providing adoption of blockchain by monitoring and blacklisting funds from fraudsters



Coinfirm & AJMS Partnership



Remitex Technologies Ltd. (RETL), an AJMS Group Entity, has been in the forefront of introducing solutions developed for...

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By: Josh Fernandez

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#AJMS #Altcoin #AML #Bitcoin #Blockchain #BTC #Coinfirm #Crypto #Ethereum #RETL