Central Digital Currencies Create Risks, But Could Crush Crime
The mainstream financial world faces a brave new dawn as central banks prepare to introduce digital currencies. The move is fraught with risks, but necessary to avoid losing control of economies to unregulated cryptocurrency markets. And it could, ironically, be
The UK’s First National Risk Assessment of Proliferation Financing
This article was originally published on AML RightSource. Read about the UK’s release of its first National Risk Assessment of Proliferation Financing. The United Kingdom (UK) was one of the first countries to publish a Money Laundering (ML) and Terrorist Financing
Know Your Crypto: How KYC and AML are Helping Cryptocurrencies Go Mainstream
Cryptocurrencies have ascended the ranks from being a nascent concept to a legitimate commodity that banks are investing in. So much so, that regulatory bodies have had to adapt to an ever-shifting change in compliance, as they continue to assess
What do NFTs in the video gaming industry mean for AML?
NFTs, or non-fungible tokens, have taken their place in the spotlight in recent times and now they’re becoming a hot topic amongst the video gaming community. (A community of 3 billion we should add.) Unlike other cryptocurrencies, NFTs are unique