Crypto exchange Bittrex settles for $24 million for OFAC violations, a stand out among OFAC settlements for various reasons.
Read MoreAnti-Money Laundering Insights

Creating Transparency: Beneficial Ownership Rules Finalized
The Anti-Money Laundering Act of 2020 (AMLA 2020) requires FinCEN to implement and maintain a database to identify people who...
Read MoreRegulators Charge Crypto Lending Platform (Again)
In the latest sign of the escalating tension in the regulation of cryptocurrency products (and, according to many, regulation by...
Read MoreIs a regulatory tidal wave coming?Â
Acting OCC Comptroller Michael Hsu expressed concern about a looming crisis given increased bank-fintech partnership risk.
Read MoreWhite House Releases Framework for Digital Assets
The pieces of the puzzle are coming together on President Biden's initiative to foster digital asset innovation yet mitigate risk.
Read MoreWise FIned $360K for AML Violations
Money transfer company Wise was fined $360K by Abu Dhabi regulators for violating the country’s AML laws. The country’s financial...
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