AML

Privacy Coins Face EU Ban Under New AML Rules Starting 2027

by

. Metal currencies for privacy and unknown coding portfolios may become their history in the European Union. As part of a comprehensive reform to tighten the anti -money laundering rules, the European Union has announced plans to ban on July 1, 2027. The message is clear: encryption can survive, but it must play with the … Read more

South Korea’s Upbit Faces Regulatory Scrutiny After KYC, AML Violations

by
🚨

South Korea’s largest cryptocurrency exchange, Upbit, is under intense regulatory scrutiny. After being accused of violating more than 700,000 Know Your Customer (KYC) and anti-money laundering (AML) obligations, Upbit is facing suspension. According to local media reports published on January 16, 2025, the Financial Intelligence Unit (FIU), a division of South Korea’s Financial Services Commission … Read more