#aml
These are public posts tagged with #aml. You can interact with them if you have an account anywhere in the fediverse.
Canadian authorities just seized $40M from TradeOgre—a move that could permanently reshape crypto regulation. How will this ripple through market rules and privacy debates? Dive into the details.
#cryptoregulation
#aml
#blockchainforensics
#canadacrypto
#tradogre
#cryptoseizure
#marketvolatility
#privacydebate
#fintrac
#cryptonews
@kkarhan@infosec.space@blueluma #privacy and #security are inherently intertwined.
Anything that reduced privacy also reduces security and every good security system will have privacy not just as a cornerstone, but foundation.
There is no legitimate reason to demand any #PII when there's neither legal mandate (i.e. #KYC / #AML) nor risk of fraud (i.e. #prepaid services).
Heck, #Signal as a #VCmoneyBurningParty doesn't even offer any "#subscription" whatsoever!
https://www.europesays.com/2397721/ IMF Warns Stablecoins Pose 'Major Financial Stability Risks' – Regulation Asia #aml #BIS #blockchain #cft #ConsumerProtection #crypto #DigitalAssets #dollarisation #Economy #FinancialCrime #FinancialStability #fintech #IMF #innovation #InternationalMonetaryFund #interoperable #KYC #Payments #RiskManagement #stablecoins #UPI
Hoe banken moslims tot verdachten maken: ‘Heeft u ooit positief gestaan tegenover Hamas?’ #AML #CFT #discriminatie
Banken die vragen naar je mening over Hamas. Moslims…
Follow the Money - Platform voor onderzoeksjournalistiekhttps://www.europesays.com/2388354/ NEWS: Virtual IBANs not being used by any small businesses in Italy, watchdogs say #aml #AntiMoneyLaundering #BankOfItaly #CentralBank #CentralBanks #CentralBanksOfTheEuropeanSystem #DeutscheBundesbank #ECB #Economy #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #italy #THEBANKOFENGLAND #TheBankOfFrance #TheBankOfItaly #VirtualIBAN
Druga najwyższa w Polsce kara za naruszenie #RODO: ING Bank Śląski będzie zobowiązany do zapłaty prawie 18,5 mln zł.
Od kwietnia 2019 r. do września 2020 r. bank skanował dokumenty tożsamości swoich klientów i potencjalnych klientów - bez względu na to, czy było to uzasadnione przepisami o przeciwdziałaniu praniu pieniędzy oraz finansowaniu terroryzmu #AML, czy nie.
Prezes #UODO uznał tę praktykę za nieuzasadnioną, w szczególności biorąc pod uwagę szeroki zakres informacji na dokument (#DaneOsobowe obejmują między innymi imię i nazwisko, numer PESEL, wizerunek, datę urodzenia, imiona rodziców, nazwisko rodowe, numer i serię dokumentu tożsamości).
Bank zapowiada zaskarżenie decyzji organu nadzorczego do sądu.
Więcej informacji na stronie Urzędu Ochrony Danych Osobowych (https://uodo.gov.pl/pl/138/3854) oraz w artykule "Gazety Prawnej" (https://www.gazetaprawna.pl/firma-i-prawo/artykuly/9870538,wielomilionowa-kara-dla-ing-banku-slaskiego-za-skanowanie-dowodow-osob.html).
#Persona (#WithPersona) has also been used by #Kraken: https://mastodon.acm.org/@nobody/114507189542698748
#Onfido, used by #Revolut and #Binance, similarly hosts EEA customers' data on MS servers: https://www.entrust.com/legal-compliance/data-privacy/sub-processors. They claim the "data ... transferred outside of the EEA benefits from an adequate level of protection by requiring sub-processors to enter into the EC approved Standard Contractual Clauses". Ironic, considering Microsoft admits they can't comply
Content warning: Compliance and Incompetence
Mastodon
nemo™
@nemo@mas.toThe new bipartisan Art Market Integrity Act 
aims to crack down on money laundering in the $25B US art market by requiring dealers & auction houses to report suspicious sales under the Bank Secrecy Act. Closing a major loophole for illicit funds in art transactions! 
#AML #ArtMarket #Transparency https://www.icij.org/news/2025/08/new-us-bill-aims-to-clamp-down-on-money-laundering-through-art-holdings/
#newz
The proposed Art Market Integrity Act would subject…
International Consortium of Investigative Journalists @kkarhan@infosec.space@heartshadows @JamesBaker basically anything > €1k will trigger #KYC / #KYB & #AML checks within the "Eurosystem" banks (aka. all Banks in #EU + #EFTA / #SEPA region) regardless of type.
Same with #Cryptocurrencies like #shitcoins, with #Aistria being the 'most lenient' at €250 max. for pseudonymous #Bitcoin (necessitating a lokal mobile number!)…
@kkarhan@infosec.space@cryptadamist @panigrc @finalstaticfox @dansup
Obviously that's another evidence of why #KYC IS THE ILLICIT ACTIVITY!...
That problem doesn't exist with #Monero as one cannot determine #transactions, #balances or link wallets by observing the #blockchain. Unlike with all those Shitcoins like #Bitcoin or #Ethereum!
So even if I had a Monero Wallet and even if you knew the wallet address, you cannot see what's on it or what transactions go in and out.
It's even more secure than #SEPA because thanks to #SWIFT & #FATCA the #IRS and #TreasuryDept. have bulk access to these systems and can basically see account balances in real time (when it comes to #US citizens! The rest they can approximate with bulk access to payment providers and intelligence).
So yeah, blame lack of #privacy, #secrecy, and #custody as well as #doxxing in the form of KYC under the false pretense of #AML for the rampant rise of #kidnappings and armed robberies of #shitcoin HODL'ers.
Obviously I do condemn such acts of violence as a matter of principle.
The fact that there are automated, idiot-proof tools like #chainalysis that enable statistical tracking and linking of transactions for everything except Monero is the problem.
Don't believe that such "AML compliance" tools are unique to the clients of said providers, because it's just connecting dots from public records. No warrant nor insiders nor MLAT needed.
IOW: OFC I'd have to expect getting robbed by organized crime if I were to post evidence of me sleeping on genuine gold bars.
That's what [bank] vaults are for!
Sadly shitcoin-fans seem to disregard basic #OpSec, #InfoSec, #ComSec & #ITsec that even #TradFinance do execute.
https://www.europesays.com/2230745/ Crypto ATM Ban Proposed in New Zealand Crime Crackdown #aml #crypto #CryptoScams #cryptocurrency #CryptocurrencyATMs #FraudPrevention #NewZealand #News #PYMNTSNews #What'sHot
https://www.europesays.com/2230281/ New Zealand Government Want to Ban Crypto ATMs in AML/CFT Regime Overhaul #aml #BitcoinATM #cft #CryptoATMs #NewZealand
https://www.europesays.com/2214879/ NEWS: AMLA and ECB sign agreement on AML supervision #aml #AMLA #CentralBank #ECB #Economy #Europe #European #EuropeanCentralBank
https://www.europesays.com/uk/227313/ LATEST: European Commissioner warns Parliament rejecting AML blacklist would ‘undermine the EU’ #AML #EU #Europe #European #EuropeanCommission #EuropeanParliament #MariaLuísAlbuquerque
Nigerian Man Pleads Guilty to Laundering $2.5M in Crypto from US Victims - Key Takeaways:
Charles Uchenna Nwadavid pleaded guilty in Boston to mail fraud and mone... - https://cryptonews.com/news/nigerian-man-pleads-guilty-to-laundering-2-5m-in-crypto-from-us-victims/ #blockchainnews #fraud #scam #aml
@kkarhan@infosec.space@Paul_Harts @techlore granted the only reason the #UAE and espechally #Dubai banned #Monero is to "protect" it's #TradFin #MoneyLaundry that is #Hawala:
Cuz #Hawaladars have shops, addresses, names and thus are easy to #coerce & #blackmail frim the position of the Government. Same with #Shitcoins and their #Exchanges: They don't give a shit about #KYC & #AML when it comes to high-rollers...
#NotFinancialAdvice #NotLegalAdvice #Crime #WhiteCollarCrime #TraditionalFinance #MoneyLaundering
@kkarhan@infosec.space@techlore re: your #short on #Monero, the #EU already overtook it:
https://www.youtube.com/watch?v=uszPsqw7vos
Not only are there attempts at banning #cash, but already absird restrictions that ain't rooted in reasonable regulations like #KYC & #AML.
It never was like in #Dubai where one was (and allegedly still is) able to buy real estate with cash & no questions asked or proof of origin for the funds.
Nor was it possible to circumvent #reporting requirements for purchases of valuable assets. I.e. at the point if getting a new owner on the slip will authorities across the EU (using SIS-II) be able to track who bought 'dat Lambo' because that's how they track down stolen cars and why people unknowingly buying those got shafted by authorities.
Enjoy the videos and music you love, upload original…
www.youtube.comФинтех в беттинге: как мы внедряли KYC/AML в закрытой high-risk платформе bookedsports.com
Закрытые букмекерские платформы — особая категория. Они не работают "на массу", редко светятся в инфополе и, как правило, ориентированы на опытных игроков и крупные суммы. Именно таким проектом стала bookedsports.com — зарубежная БК с ограниченным доступом и британской лицензией, в которой мне довелось реализовывать модуль KYC/AML + платёжную маршрутизацию. В этом посте расскажу, как мы выстраивали архитектуру системы, ориентируясь на надежность, масштабируемость и безопасность, при этом не жертвуя удобством для конечного пользователя.
Закрытые букмекерские платформы — особая категория.…
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