India orders Binance to pay $2.25 million fine for AML violations
Binance faces a $2.25 million penalty reportedly imposed by India’s Financial Intelligence Unit (FIU). The penalty relates to the crypto exchange’s violation of India’s anti-money laundering (AML) regulations. India’s financial…
EU banking watchdog strengthens AML measures for crypto firms
EBA extends AML guidelines to CASPs, addressing ML/TF risks in crypto transactions. Guidelines provide risk factors and mitigating measures, urging blockchain analytics use. Interconnected financial sector necessitates guidance for institutions…
Checkout.com terminates Binance support over AML concerns: report
Credit card processor Checkout.com cuts ties with Binance over AML concerns. Binance is reportedly considering legal action, Forbes said in a report published August 18. Binance recently announced it was…