Tag: AML

  • EU Regulators Propose Crypto Clampdown

    EU Regulators Propose Crypto Clampdown

    European Defiers better buckle up, because regulators in the EU are attempting to tighten the rules on crypto transfers.  On July 20, the European Commission, the executive branch of the European Union, announced a package of legislative proposals to strengthen the EU’s anti-money laundering and counterterrorism financing (AML/CFT) rules. The legislative proposal moves to apply […]

  • BitMEX Charges Highlight Case for Real DeFi

    BitMEX Charges Highlight Case for Real DeFi

    CFTC charges against BitMEX are bound to push more cryptocurrency projects towards decentralization — but that means actual* decentralization. The Commission today filed charges against BitMEX and its owners and operators including CEO Arthur Hayes for operating a trading platform without CFTC approval, and for failing to implement know-your-customer procedures, a customer information program, and […]