The world’s economic leaders are seeking a globally coordinated policy on cryptocurrencies. This could take a while. But that may be just as well.
Korean Regulators to Probe Banks’ AML Measures for Crypto Exchanges
Two South Korean regulators are reportedly launching an investigation of banks’ implementation of anti-money laundering procedures for exchanges.
Thailand’s Cabinet Moves to Regulate and Tax Cryptocurrencies
The Thai Cabinet has provisionally passed two royal decree drafts aimed at regulating cryptocurrencies, a report states.
Customer ID Now Required for Crypto Exchange Purchases in Malaysia
Malaysia’s central bank is now requiring domestic crypto exchanges to comply with anti-money laundering and know-your-customer mandates.
Bank of America Now Considers Crypto a Business Risk
The bank warns its investors that cryptocurrencies could hamper its ability to comply with anti-money-laundering regulations, among other dangers.