Category: Regulation

On July 26, 2024, The Reserve Bank of India (RBI) imposed monetary penalties on three payment system operators for non-compliance...

Payment Processors are financial intermediaries that facilitate electronic transactions between buyers and sellers while implementing measures to detect and prevent...

On July 17, 2024 it was discovered that in a significant security breach, Indian cryptocurrency exchange WazirX has reportedly lost...

On June 28, 2024, the Financial Action Task Force (FATF) released its “Grey List”. FATF identifies jurisdictions that require enhanced...

On June 28, 2024, the Financial Action Task Force (FATF) announced that India has reached a “high level of technical...

In June 2024, Binance, the world’s largest cryptocurrency exchange, was fined USD 2 million by India's Financial Intelligence Unit (FIU...

On June 12, 2024, the U.S. Department of the Treasury announced a series of new measures designed to intensify pressure...

PEP Definition changes regionally whether it is nationally or internationally. Many organizations often confuse the standards to be followed. This...

The European Council has adopted a new and comprehensive Anti Money Laundering (AML) Regulation Package of rules aimed at enhancing...

As we move through 2024, the world of cryptocurrency is buzzing with excitement, drawing in both fans and investors with...