Remove AML Remove Digital Currency Remove Money Laundering
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Aussie Financial Watchdog Imposes New Restrictions on Crypto ATM Operators

Fintech News

The agency said this action should serve as a warning to other digital currency exchanges that fail to comply with Australias anti-money laundering and counter-terrorism financing (AML/CTF) obligations. Australia has seen rapid growth in the number of crypto ATMs, rising from 23 in 2019 to over 1,800 by 2024.

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APAC Sees 23% Decline in Crypto Fraud

Fintech News

In Singapore, the central bank strengthened in 2024 the Payment Services Act (PSA), introducing more stringent requirements for crypto service providers relating to AML/CFT, user protection and financial stability on service providers. million out of 560 million crypto owners worldwide.

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CBDCs in practice: What we’ve learned from the early movers

The Payments Association

James Hurren explores what early CBDC deployments across Asia, the Caribbean, and Europe reveal about usage, adoption, and the future of cross-border digital money. Central bank digital currencies (CBDCs) have rapidly evolved from theoretical concepts into live pilots and national deployments.

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Modern payments, outdated systems: Why growth and uncertainty demand agility

The Payments Association

The growing role of digital assets in payments The way we process payments has changed drastically in the last decade. Notably, the rise of cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs) are transforming the digital payments landscape.

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Wallet wars: How digital payments are reshaping finance

The Payments Association

The European PSD2 framework, growing pressure on big techs financial ambitions, and central bank digital currency (CBDC) discussions all indicate a looming regulatory crackdown. The question is not if but how severe and far-reaching these new rules will be.

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5 Tales from the Crypto: Partnerships, Payments, and Blockchain Pilot Projects

Finovate

.” The partnership between Fenergo and Boerse Stuttgart Digital will speed the onboarding of banks, brokers, and asset managers ready to launch their own cryptocurrency and digital asset offerings. ” Headquartered in Dublin, Ireland, Fenergo made its Finovate debut at FinovateEurope 2012 in London.

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Wise to reform AML oversight

Payments Dive

Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Dive Brief Wise to reform AML oversight The money transfer firm will pay $4.2 arm of the British money transfer firm Wise has agreed to pay $4.2

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