The executive body of the Irish Government – the Cabinet, officially approved a bill giving effect to the EU Fifth Anti-Money Laundering (AML) Directive, according to a Thursday, January 3, 2019 report by the Irish Times.
The Finance Ministry of Estonia will soon add amendments to a financial bill which was recently passed, purposely meant to "harden" cryptocurrency-related regulation, according to a report by Äripäev, an Estonian financial newspaper.
The Financial Action Task Force (FATF) heralded plans to propose effective rules regulating digital currency with its world AML/CFT standards. This effort is aimed at exterminating the use of cryptocurrencies for financing terrorism activities and money laundering.
Ignite is pleased to announce its engagement with Coinfirm and its AML/CTF Platform. Coinfirm will ensure that Ignite will stay fully compliant with AML regulation during its ICO commencing at 18:00 UTC on 15th January.
Ruth Wandhofer possess a unique position to influence the compliant adoption of blockchain and cryptoassets as she bridges two worlds in her roles at a traditional multinational corporation, Citigroup, and the blockchain regtech startup Coinfirm.
Set to bring smart contracts and new scalability to bitcoin, RSK has partnered with Coinfirm and brought it into its federation to address AML/CTF through the team's expertise and recognized blockchain AML/CTF Platform.