Tag: AML
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More ↗: Finance IQ Hub Expands Account Opening Capabilities with a New PartnershipFinance IQ Hub Expands Account Opening Capabilities with a New Partnership
Finance IQ Hub Expands Account Opening Capabilities with a New Partnership Finance IQ Hub continues to expand its partner network and unlock new opportunities for…
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More ↗: The U.S. Abolishes Beneficial Ownership Reporting for Domestic Companies: Implications for Business and International RegulationThe U.S. Abolishes Beneficial Ownership Reporting for Domestic Companies: Implications for Business and International Regulation
The U.S. Abolishes Beneficial Ownership Reporting for Domestic Companies: Implications for Business and International Regulation After prolonged debates and legal challenges, the U.S. Department of…
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More ↗: Lithuania Continues Tax Reform: What Awaits Businesses and What Are the Alternatives for Crypto Companies?Lithuania Continues Tax Reform: What Awaits Businesses and What Are the Alternatives for Crypto Companies?
Lithuania Continues Tax Reform: What Awaits Businesses and What Are the Alternatives for Crypto Companies? New Tax Changes: Lithuania Increases Corporate Tax As of January…
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More ↗: Custodial vs. Non-Custodial Wallets: Which One to Choose for Secure Crypto Storage?Custodial vs. Non-Custodial Wallets: Which One to Choose for Secure Crypto Storage?
The choice between custodial and non-custodial wallets significantly affects cryptocurrency security. Custodial wallets offer convenience but compromise control and are vulnerable to hacks. Non-custodial wallets…
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More ↗: The Difference Between Neobanks, Traditional Banks, and Payment Systems: What to Choose for a Crypto Business?The Difference Between Neobanks, Traditional Banks, and Payment Systems: What to Choose for a Crypto Business?
The Difference Between Neobanks, Banks and Payment Systems: What to Choose for a Crypto Business? 1. Understanding Banks, Neobanks, and Payment Systems Traditional Banks Banks…
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More ↗: OKX to Pay Over Half a Billion Dollars! Could Your Company Be Next?OKX to Pay Over Half a Billion Dollars! Could Your Company Be Next?
Cryptocurrency exchange OKX has settled with the U.S. Department of Justice, paying over $504 million due to operating an unlicensed money transmission business. The company…
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More ↗: Global Battle Against Money Laundering: FATF Updates Its Lists – How Will It Impact Crypto Businesses?Global Battle Against Money Laundering: FATF Updates Its Lists – How Will It Impact Crypto Businesses?
The FATF has updated its lists, removing the Philippines from its grey list while adding Laos and Nepal due to anti-financial crime deficiencies. Compliance with…
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More ↗: New AML Requirements in the Czech Republic: Key Obligations and Compliance Guidelines for 2025New AML Requirements in the Czech Republic: Key Obligations and Compliance Guidelines for 2025
New AML Requirements in the Czech Republic: Key Obligations and Compliance Guidelines for 2025 From February 1, 2025, new requirements of the Anti-Money Laundering (AML)…
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More ↗: Obtaining MiCA Doesn’t Mean You Can Operate Across the EU: How to Expand Your Opportunities?Obtaining MiCA Doesn’t Mean You Can Operate Across the EU: How to Expand Your Opportunities?
The MiCA license allows companies to operate across the EU through the passporting mechanism, enabling them to provide crypto services in all 28 EU countries…
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More ↗: E-Residents Set a New Record in Estonia: 4,818 New Companies in 2024!E-Residents Set a New Record in Estonia: 4,818 New Companies in 2024!
In 2024, Estonia’s e-Residency program established a record 4,818 new companies, contributing €66.8 million in taxes. The program’s popularity grew, with 11,484 new e-residents, especially…
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