QFC (Qatar Financial Centre) Regulatory Authority has released a statement as per which crypto-based services should not be conducted in or from the QFC.
The objective of the latest legislation is to provide additional clarification on digital asset regulations.
As per the new law, all new and existing clients are required to provide identification while purchasing a work of art.
The South African Reserve Bank has sanctioned HBZ bank for violating money laundering and terror financing regulations.
The former chairman of Hengfeng Bank – Jiang Xiyun has been sentenced to death by a Chinese court for making illegal gains of over $100 million.
The UK Gambling Commission issued a Christmas holiday message reminding licensees about 5AMLD is set to take effect on January 10, 2020.
Sweden’s gambling regulator – Spelinspektionen is planning to impose a hefty fine on the companies that breach the anti-money laundering regulations.
FATAF has warned Turkey over serious shortcomings in tackling money laundering and terrorist financing.
The Netherland based cryptocurrency mining platform, Simplecoin, will no longer active from January 1, 2020.
Verkhovna Rada has approved a new set of amendments that seeks to introduce virtual currencies as a legal means of payment and investment within the country.