South Korea’s biggest bank, KB Kookmin, is all set to launch a crypto custody service.
Monetary Authority of Singapore issues AML/CFT guidelines for digital payment service providers.
Government agencies in South Korea have announced their plans to support the blockchain industry.
The transactions were reported by the law firm Clifford Chance, which was commissioned by Swedbank’s board.
Watch Secretary-General Blockchain for Europe, Robert Kopitsch, talking about meeting 5th AMLD regulation and its impact on EU businesses in an interview.
Five Kenyan banks have been fined Ksh.385 million ($3.75 million) as penalties.
The agency is struggling to offload the seized cryptocurrencies as it is afraid that BTCs could end up getting back in the hands of criminals.
It was reported that 5 African countries had strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing.
A new bill requires crypto firms to obtain a proper license to operate in the state of New Jersey.
Danske Bank forecasts, the total profits would fall between 8 to 10 billion Danish crowns this year.