Tag: AML
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More ↗: What Is the Travel Rule for VASPs?What Is the Travel Rule for VASPs?
The Travel Rule, established by FinCEN, requires financial institutions to share specific customer data during fund transfers to prevent money laundering. In 2019, it was…
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More ↗: MiCA in Lithuania: How to PrepareMiCA in Lithuania: How to Prepare
Lithuania is positioning itself as a prominent jurisdiction for VASPs under the new MiCA regulation. Companies must act quickly, with applications due by December 31,…
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More ↗: Weekly Recap by FinanceIQ HubWeekly Recap by FinanceIQ Hub
President Trump signed the GENIUS Act, establishing a framework for stablecoin regulation in the U.S. The House passed key bills on asset oversight and prohibiting…
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More ↗: MiCA Application Deadline in the Czech Republic Ends on July 31MiCA Application Deadline in the Czech Republic Ends on July 31
The Czech Republic’s MiCA application deadline is July 31, 2025, allowing companies to operate legally until mid-2026. Late applications result in loss of VASP status…
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More ↗: How to Open an Account for a VASP in 2025: Legal AdviceHow to Open an Account for a VASP in 2025: Legal Advice
In 2025, opening a digital asset company account poses challenges due to stringent bank requirements. Key steps include choosing a VASP-friendly institution, obtaining the necessary…
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More ↗: How FATF is Shaping the Crypto Market: 2025 ReportHow FATF is Shaping the Crypto Market: 2025 Report
The FATF’s June 2025 report highlights the uneven global implementation of AML and CFT standards for crypto assets and service providers. While 73% of jurisdictions…
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More ↗: Gemini launches tokenized MicroStrategy shares in the EUGemini launches tokenized MicroStrategy shares in the EU
On June 27, 2025, Gemini introduced tokenized MicroStrategy shares in the EU, allowing fractional ownership of MSTR through ERC-20 tokens on the Ethereum mainnet. This…
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More ↗: Romania Overhauls Tax Rules: What It Means for Digital BusinessesRomania Overhauls Tax Rules: What It Means for Digital Businesses
Romania’s new Governance Program (2025-2028) aims to reform its tax system amid a projected 9.3% GDP deficit. Key changes include raising the dividend tax to…
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More ↗: Weekly Recap by FINANCEIQ HUB LTDWeekly Recap by FINANCEIQ HUB LTD
This week’s recap from FINANCEIQ HUB LTD highlights Bitcoin’s recovery to $108,000, with major altcoins also showing gains. Federal Reserve Chair Powell advocates for stablecoin…
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More ↗: EU Updates List of High-Risk Countries for Financial CrimesEU Updates List of High-Risk Countries for Financial Crimes
The European Commission has updated its high-risk countries list for financial crimes, adding Algeria, Angola, and others while removing Barbados and six additional nations due…
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