Crypto exchanges and wallets: AML red flags As the use of cryptocurrency becomes more widespread, cryptocurrency service providers must deal with a greater range of threats from money launderers that exploit the speed and anonymity associated with the online trade […]
As cryptocurrency usage increases, so too do cryptocurrency regulations around the world that are put in place to govern them. The crypto landscape is constantly evolving and keeping up to date with the rules in different global territories isn’t easy. […]
The Financial Action Task Force (FATF) Travel Rule is an important piece of anti-money laundering and countering the financing of terrorism (AML/CFT) guidance. It states that virtual asset service providers (VASPs) should collect information on transaction senders and receivers. As […]
Is cryptocurrency legal in Luxembourg? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Legal, must register with the CSSF There are no specific Luxembourg cryptocurrency regulations but the government’s legislative attitude towards cryptocurrencies is generally progressive. Finance Minister Pierre Gramegna has commented […]
Is Cryptocurrency Legal in Gibraltar? Cryptocurrencies: Not considered legal tender Cryptocurrency exchanges: Legal, must register with the GFSC Gibraltar is a global leader in cryptocurrency regulation: while cryptocurrency is not considered legal tender in the country, cryptocurrency exchanges are legal […]
Is Cryptocurrency Legal in Malta? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Legal, regulated under the VFA Act Malta has taken a very progressive approach to cryptocurrencies, positioning itself as a global leader in crypto regulation. While cryptocurrencies are not legal […]
Is Cryptocurrency Legal in Estonia? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Legal, must register with the Financial Intelligence Unit (supervised by Financial Supervisory Authority). Estonia cryptocurrency regulations are open and innovative, especially in comparison to other EU member-states. Although not […]
Asia is the world’s largest trading market for cryptocurrency, and it has one of its most diverse regulatory environments. Crypto regulations in Asia fall across a spectrum. While many territories have paved the way for the adoption of cryptocurrencies, others […]
Australia’s anti-financial crime regime underwent significant changes in 2024. The Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Amendment Act, a major update to the country’s central piece of AML legislation, passed in December, prompting firms across the financial services landscape to […]
Is cryptocurrency legal in Latin America? Cryptocurrencies: Laws vary by country Cryptocurrency exchanges: Regulation, laws vary by country Latin America cryptocurrency regulations run the legislative spectrum. Those countries with harsher regulations include Bolivia which has comprehensively banned cryptocurrencies and exchanges, […]
Is Cryptocurrency Legal in the EU? Cryptocurrencies: Legal, Euro-backed member-states may be restricted on introducing their own cryptocurrencies. Cryptocurrency exchanges: Regulations may vary by member-state, and by compliance with the European Banking Authority (EBA), European Commission (EC), European Central Bank […]
Cryptocurrencies and virtual assets (VAs) remain high on the global financial agenda in 2025, and the UK is no exception. Crypto’s decentralized nature allows for fast and low-cost transactions, including across borders. While this clearly appeals to consumers, crypto’s speed […]
