By Nynu Jamal Key highlights: Cardano launches CIP-0113 for programmable, compliance-ready tokens Regulated assets can embed KYC, AML, and transfer rules directly into tokens ADA falls nearly 9% in 24 hours despite posting weekly and monthly gains The Cardano blockchain has added a new feature to bring regulated assets on-chain. As per the latest reports, […]
Tag: AML
By admin The US Treasury’s Financial Crimes Enforcement Network, known as FinCEN, has withdrawn two major proposed rules that would have expanded surveillance of self-hosted crypto wallets and mixing services. Neither proposal will be implemented. FinCEN scrapped its 2020 unhosted wallet proposal and a 2023 mixer reporting rule that never took effect. The agency cited […]
By admin FinCEN has formally withdrawn two proposed United States rules that would have expanded surveillance over self-custody crypto wallets and mixing services. One proposal from 2020 would have required banks and money services businesses to verify customers, keep records for transfers above 3,000 dollars involving self-custody wallets, and report transfers above 10,000 dollars with […]