Kategorie AML

How to enforce sanctions in cryptocurrency markets?

The U.S. Senators Elisabeth Warren, Mark R. Warner, Sherrod Brown and Jack Reed recently asked in a letter to the U.S. Treasury how it intends to prevent that „criminals, rogue states and other actors may use digital assets and alternative…

Stop the Steal of Crypto Assets

The world of blockchain and crypto assets is still in its beginning, even if the technology is known for more than a decade. Crypto assets, being it Payment Token, Utility Token or work of art blockchained as NFTs, are capturing…

Binance – quo vadis?

Binance.com is one of the largest digital asset exchanges in the world – but is still unlicensed. To certain fiat money payment services Binance refers to Binance UAB, a subsidiary in Vilnius, Lithuania. Is that enough? The Bank of Lithuania,…

Outlook to 2022

2022 is about to start – what are three takeaways from 2021? Since its introduction in January 2020 there have been only 3 companies registering with BaFin as Crypto-Asset Custodian under the German Banking Act Germany has an rather elaborated…