Japan Strengthens Anti-Money Laundering Measures for Cryptocurrencies
Japan's parliament has decided to introduce stricter measures against money laundering through cryptocurrencies. The new AML procedures will go into effect as early as June 1. According to local publication Kyodo News, the new AML procedures will allow the Japanese legisl ...
US Treasury Department Report Highlights DeFi’s Lack of Compliance with Regulations
The US Department of the Treasury recently released a report that shed light on the DeFi risk assessment carried out by its agency. According to the report, such services do not comply with the necessary regulations and laws that govern traditional finance systems. Analysts from the agency poi ...