478 articles
The FCA's FSMA Part 4A application gateway for cryptoasset firms is now open, and UK firms face a narrow window to finalise authorisation preparations before the regime becomes fully operative.
ESMA's 2027 AI and tokenization supervisory priority: what EU-regulated firms and their accounting advisers must prepare for now
ESMA elevates AI and tokenisation oversight to a Union-level supervisory priority from 2027, with direct implications for how EU-regulated firms and their accountants manage digital asset compliance and crypto accounting software governance.
ESMA's 2027 Union Strategic Supervisory Priority on AI and tokenization raises concrete compliance, accounting, and disclosure obligations for EU-regulated firms and their auditors.
Behavioral detection of pig butchering scams on blockchain is now scalable via machine learning, creating direct AML compliance and accounting obligations for virtual asset service providers and their advisers.
Three APAC and Gulf regulators move simultaneously on tokenization and stablecoin frameworks, creating concrete compliance and accounting obligations for institutional participants
VARA's sweeping Dubai digital asset rulebooks, including a privacy coin ban and FATF-aligned AML rules, set a new compliance baseline that every VASP and its advisers must map against now.
Breaking enforcement analysis of the FBI's action against Huione Group, the largest illicit crypto marketplace ever recorded, and what it means for AML controls, stablecoin oversight, and crypto accounting software compliance frameworks.
Federal prosecutors in Manhattan and DOJ's criminal division are probing whether Binance knowingly permitted Iran-linked trading, raising urgent AML and counterparty-risk questions for accounting firms and CFOs.
Federal investigators are examining whether Binance had deliberate knowledge of Iran-linked transaction flows, a step beyond the 2023 guilty plea and one that carries serious implications for crypto compliance programs and digital asset accounting controls.
Brazilian federal enforcement action exposes a R$300M+ criminal network that used crypto assets, shell companies, and social media influencers to launder proceeds from illicit perfume imports — with direct AML implications for accounting firms and CFOs serving Brazilian clients.
A second US federal investigation into Binance's alleged Iran sanctions evasion raises urgent AML and record-keeping obligations for accounting firms and CFOs with crypto exchange exposure.
A breach at the Curaçao Gaming Authority may expose sensitive KYC data held on licensed crypto casino operators, creating AML, licensing, and data-integrity risks for firms tracking digital asset gambling revenues.
A new DOJ enforcement front targeting Binance's alleged facilitation of Iran sanctions evasion, with concrete compliance and accounting implications for crypto firms and their advisers.
Elliptic's policy call: tokenized assets are scaling faster than US supervisory frameworks, and the AML and compliance gaps this creates demand immediate action from firms and regulators alike.
Chainalysis research exposes a 440% surge in blockchain-based malware command-and-control infrastructure driven by nation-state actors and open-source AI, with direct AML and operational risk implications for accounting firms and CFOs handling digital assets.
A Maltese CSP pays €2,160 after submitting audited financials and a management letter past the regulatory deadline, signalling the MFSA's continued focus on timely regulatory reporting compliance.
Israel's NBCTF seizure order targets 84 Hamas-linked crypto addresses holding over $7.7 million, raising immediate AML and crypto accounting obligations for any firm touching these wallets.
A blockchain analytics investigation traces $11.5 million in CBDC-based conflict financing in Myanmar, creating new AML typologies and accounting challenges for compliance teams globally.
A former China Construction Bank (Asia) relationship manager receives four years for falsifying $1.6 billion in letters of credit and accepting $470,000 in cryptocurrency bribes, with implications for AML controls and crypto accounting software at regulated firms.
OFAC's BitBank designation shows how Iran monetised Hormuz transits in bitcoin, with secondary sanctions creating global compliance exposure for any firm touching related flows.
Traditional banks, led by German cooperative and commercial lenders, have doubled their MiCA presence since June — reshaping the competitive and compliance landscape for crypto-asset service providers across the EU.
The Polymarket fraud and compliance breakdown serves as a concrete enforcement-risk case study for accounting firms, CFOs, and compliance teams managing digital asset platforms.
A Hong Kong District Court sentences a former China Construction Bank (Asia) relationship manager to four years for authenticating over $1.6 billion in false letters of credit and accepting $470,000 in cryptocurrency bribes, with the ICAC pursuing further suspects.
The CFTC has filed two crypto market ruleset proposals with OIRA, bypassing the stalled Clarity Act and signalling imminent regulatory change for digital asset firms.
The ECB's informal intervention in Binance's Greek MiCA application exposes structural risks in the EU licensing process that accounting firms and CFOs must factor into client advisory and compliance strategy.
Cross-border enforcement action exposes how crypto laundering networks operate across jurisdictions, with direct AML compliance implications for accounting firms and CFOs holding or transacting in digital assets.
Binance's disputed Greek MiCA application and alleged ECB intervention: compliance and accounting implications for EU crypto businesses
Regulatory divergence between Germany's MiCA-driven institutional momentum and the UK's nascent FCA regime creates contrasting compliance and accounting obligations for firms operating across both markets.
OFAC designates BitBank, its developer, and three individuals under Operation Economic Outcast, alleging hundreds of millions in bitcoin moved to the IRGC — practical AML and accounting implications for firms using crypto accounting software.
FCA enforcement expansion into unregistered P2P crypto venues signals tightening UK oversight with direct implications for AML controls and crypto accounting workflows.
The FCA's coordinated enforcement action against unregistered London P2P crypto trading hubs signals the end of light-touch regulation, with the full UK crypto framework arriving October 2027 and criminal liability now a live risk for unregistered operators.
OFAC designates Iranian crypto exchange BitBank for routing IRGC Bitcoin payments, raising immediate sanctions screening and accounting obligations for global firms
Elliptic's new Decode AI agent lets compliance teams query its blockchain intelligence platform in plain language, with implications for AML workflows and crypto accounting software integration.
CFTC's passive-software no-action relief redraws the IB registration line for crypto wallet and DeFi tool operators, with immediate accounting and compliance consequences for US firms.
The CFTC's new no-action framework for software developers expands regulatory breathing room beyond Phantom, with direct implications for firms building or using crypto accounting software connected to derivatives markets.
An ISD study reveals Russian-linked networks are paying USDT to recruit young people across Europe for violence and sabotage, raising urgent AML and sanctions compliance obligations for crypto firms and their advisers.
The Senate cloture vote's collapse means agency rulemaking replaces legislative clarity, and the Bank Secrecy Act's accountability standard now applies directly to AI-driven compliance agents.
Deutsche Bank's imminent crypto custody launch reshapes institutional digital asset infrastructure in the EU and raises immediate accounting, AML, and operational questions for CFOs and accounting firms.
Chainalysis extends KYT, Reactor, and entity screening to Circle's Arc Layer 1, with automatic coverage for every ERC-20 and ERC-721 token minted on the network, raising the bar for AML workflows and crypto accounting software obligations on stablecoin-native chains.
A DOJ asset-forfeiture filing reveals an Al-Qassam Brigades donor letter steering crypto transfers away from Binance toward other wallets and exchanges via USDT on TRON, with direct AML and accounting implications for B2B practitioners.
Breaking regulatory alert: FCA publishes final authorization guidance ahead of the 30 September application window, with hard deadlines firms cannot afford to miss.
Clarity Act Senate failure shifts crypto rulemaking to the SEC and CFTC, keeps stablecoin idle-balance rewards alive for now, and creates urgent accounting and compliance deadlines ahead of the GENIUS Act's January 2027 effective date.
TRM Labs' 25-year retrospective shows how terrorist financing has migrated from hawala and cash to USDT on TRON, and why on-chain transparency now favors investigators — with direct AML compliance and crypto accounting software implications for firms and CFOs.
Senate cloture failure on the CLARITY Act triggers a broad crypto equity selloff and extends US regulatory uncertainty, with direct implications for digital asset accounting, audit disclosures, and compliance planning.
Industrial-scale blockchain spam, its chain-by-chain mechanics, and the direct impact on sanctions screening alert quality and crypto accounting data integrity for compliance professionals and accounting firms.
Blockchain analytics firm TRM Labs exposes a coordinated YouTube scam using AI branding to trick victims into self-deploying wallet-draining smart contracts, with accounting and AML implications for firms handling digital asset clients.
Senator Warren signals conditional support for future crypto legislation while rejecting the Clarity Act over ethics, AML, and consumer-protection gaps, with implications for firms relying on crypto accounting software to stay compliant.
A landmark DOJ civil forfeiture action targeting $61M in USDT illustrates how stablecoin flows tied to sanctioned entities create acute AML, accounting, and sanctions-compliance obligations for crypto firms and their advisers.
A $61M civil forfeiture action exposes how sanctioned oil revenues allegedly flowed through a major exchange, raising urgent AML and crypto accounting obligations for firms worldwide.
