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Ripple, the largest single owner of the XRP cryptocurrency (currently valued at $20 billion), has signed a deal with regulation technology startup Coinfirm, to shine new light on how the third-largest cryptocurrency is being used.
Bulgaria hopes to join the precursor to euro zone membership, the ERM-2 exchange rate mechanism before year-end, Finance Minister Vladislav Goranov said on Wednesday, pushing back Sofia’s initial target of joining this summer.
In 2020, Facebook’s new subsidiary, Calibra, will begin operating a blockchain-based marketplace ecosystem, fueled by the new Libra digital token.
Three large Chinese banks responded Tuesday to a report that a federal judge in Washington found them in contempt for failing to comply with subpoenas for financial records in a U.S. investigation of North Korean sanctions violations, telling Chinese media they were not under investigation for sanctions breaches themselves.
(Reuters) - Australian buy-now-pay-later company Afterpay Touch Group said on Wednesday it is halting a $21 million capital raising as it waits to receive the recommendations of an audit ordered by the country’s financial crime watchdog.
OSLO, June 25 (Reuters) - Norway’s Financial Supervisory Authority (FSA) said on Tuesday it had fined a subsidiary of Norwegian bank DNB for failing to comply with anti-money laundering regulations.
PARIS (Reuters) - Facebook’s planned global ‘Libra’ cryptocurrency must respect anti-money laundering regulations and it must seek banking licenses if it offers banking services, France’s central bank chief said in a magazine interview.
DAR ES SALAAM, June 25 (Reuters) - Tanzania has tightened its currency controls with new regulations on foreign exchange bureaus, in what authorities say is an ongoing fight against money laundering and currency speculation.
ZURICH (Reuters) - The Swiss attorney general’s office (OAG) on Monday announced it was returning 130 million Swiss francs ($133 million) to Uzbekistan which it seized during an investigation involving a relative of the daughter of the country’s former president Islam Karimov.
Lloyds Banking Group Plc has tightened controls in Jersey to meet anti-money-laundering requirements on the island. Lloyds has frozen accounts of some offshore banking customers as part of a crackdown on money laundering, a spokesman said.