#Compliance

Federal prosecutors in Manhattan have accused KuCoin, one of the globe’s largest crypto exchanges, of violating US anti-money laundering laws. KuCoin allegedly failed to adequately vet customers, resulting in the transfer of billions of dollars in illicit funds since its establishment in 2017. According to prosecutors, the Seychelles-based exchange actively sought business from US clients…

Advancing Crypto Regulation to Align with International Standards The Argentine Senate has granted final approval to legislation establishing a registry of Virtual Asset Service Providers (VASPs) overseen by the National Securities Commission (CNV). This legislative move, affecting the operations of crypto exchanges and wallets, is aimed at meeting the minimum requirements outlined by the Financial…