digital asset india, india crypto exchanges, binance india, coinbase india, india crypto scam, cryptocurrency exchanges india. Photo by BeInCrypto India's Financial Intelligence Unit (FIU) has revealed that 49 cryptocurrency exchanges completed registration under the country's anti-money laundering framework for the fiscal year 2024-25.  This development represents a significant step in strengthening regulatory oversight of the country’s expanding digital asset sector. India’s FIU Says 49 Crypto Firms N ...

今天分享的是：SlowMist慢雾：2025年区块链安全与反洗钱年度报告 报告共计：110页 2025年区块链安全与反洗钱年度报告总结 2025年，区块链行业在高速发展中面临复杂的安全与合规挑战，安全事件数量虽较2024年下降，但损失金额同比大 幅上升，反洗钱监管则呈现全球化、体系化推进态势。 安全方面，全年共发生200起安全事件，造成约29.35亿美元损失。以太坊、BSC、Solana是受攻击最严重的三大生 态，DeFi项目和交易平台成为攻击重点。DeFi项目占全年安全事件总数的63%，而交易平台虽仅发生12起事件，却 因单笔大额损失导致总损失高达18.09亿美元，其中Bybit平台被盗14.6亿美元，成为年度最严重安全事件。合约漏洞 和账号被黑是主要攻击原因，朝鲜相关黑客组织表现活跃，采用组织化、专业化攻击模式，针对交易所、多签基础 设施等发起攻击。 欺诈手法持续升级，呈现复合化、隐蔽化特征。钓鱼攻击从简单仿站升级为结合系统命令、钱包权限的复合手法， 包括Clickfix钓鱼、钱包Owner权限篡改、EIP-7702授权滥用等新型攻击方式。社会工程攻击频发，通过招聘面试、 假冒安全专家、售卖假硬件钱包等方 ...

Group 1 - The Canadian Revenue Agency (CRA) reported that 40% of taxpayers using cryptoasset platforms are evading taxes or are at high risk of non-compliance, with significant tax recoveries amounting to $100 million over the past three years from audits [1] - The CRA has 35 auditors in its cryptoasset program, currently working on over 230 files to address tax compliance issues [1] - The CRA faces legal limitations in identifying taxpayers in the crypto space, which complicates compliance assessments [2] Group 2 - The government is particularly concerned about taxpayers using Dapper Labs to evade taxes, but the lack of clear regulations has limited accountability [3] - Dapper Labs did not fully comply with the CRA's investigation, with negotiations reducing the number of users under scrutiny from 18,000 to 2,500 [4] - New legislation is expected to be introduced by Spring 2026 to address these compliance challenges [5] Group 3 - The Minister of Finance emphasized the need for a rapid response to evolving fraud and financial crime, highlighting the government's commitment to financial security [6] - Canada's financial intelligence unit, FINTRAC, has been actively enforcing anti-money laundering laws, recently fining a crypto exchange over $19.5 million for failing to register as a foreign money services business [6]

Core Insights - Stewart Information Services Corporation will participate in the Stephens Annual Investment Conference on November 19, 2025, with CEO Fred Eppinger and CFO David Hisey leading a fireside chat [1] - Interested investors can access a live webcast of the presentation on Stewart's Investor Relations website, with a replay available afterward [2] - Stewart is a global real estate services company providing a range of products and services, including title insurance and closing services, aiming to be the premier title services company [3] Company Developments - Stewart announced its intent to acquire Mortgage Contracting Services (MCS), enhancing its real estate services portfolio by integrating property preservation services [6] - The company will hold a conference call on October 23, 2025, to discuss its third quarter 2025 earnings, following the earnings release on October 22 [7] - In response to new Anti-Money Laundering regulations, Stewart launched FINCEN Reporting Services to assist its title and closing customers with compliance [8]

Core Points - Verkkokauppa.com has been fined EUR 540,000 by the Regional State Administrative Agency for deficiencies in compliance with anti-money laundering legislation [1] - The fine is based on an inspection that revealed inadequate documentation and processes related to cash payments from September 2020 to August 2023 [1] - The company is committed to improving its anti-money laundering measures and has implemented a maximum cash payment limit of EUR 200 per transaction [2] - The company is currently reviewing the decision and considering whether to appeal, noting that the decision is not legally binding [3] Company Overview - Verkkokauppa.com was founded in 1992 and has been operating online since its inception [5] - The company's revenue for 2024 was EUR 468 million, and it employs approximately 600 people [5] - The company is listed on the Nasdaq Helsinki stock exchange and serves over 1.7 million customers with fast delivery options [4]

Core Insights - China's crackdown on cryptocurrency continues, with a Beijing court sentencing five individuals for conducting over $166 million in cross-border Tether (USDT) transactions, marking a significant enforcement action in the crypto space [1][4][8] Group 1: Legal Actions and Sentences - The court found that the group engaged in unauthorized cross-border fund transfers, violating China's Anti-Money Laundering Law and Foreign Exchange Administration Regulations [4][9] - The main orchestrator received a sentence of four years and six months, while associates received sentences ranging from two years and eleven months to three years and nine months, along with fines totaling approximately $70,000 [5][6] Group 2: National Policy and Enforcement - The case exemplifies China's zero-tolerance policy towards digital assets, despite some companies expanding their crypto operations in Hong Kong's more lenient regulatory environment [2][9] - Authorities emphasized that the punishments were necessary to deter activities that threaten national financial stability and the capital control system [6][9]

Core Points - FINTRAC has imposed a fine of nearly $177 million on Xeltox Enterprises, the parent company of Cryptomus, for non-compliance with anti-money laundering regulations [1][2] - The fine is the largest ever issued by the Canadian financial regulator, highlighting significant compliance failures [3] - Xeltox Enterprises failed to submit suspicious transaction reports on 1,068 occasions in July 2024 and did not report virtual currency transactions exceeding $10,000 on 1,518 occasions [2][3] Regulatory Context - The fine was issued under Part 1 of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, indicating serious regulatory breaches [2] - FINTRAC emphasized that the violations were linked to severe criminal activities, including trafficking in child sexual abuse material and ransomware payments [4] Industry Implications - FINTRAC has raised concerns about vulnerabilities in the digital asset industry, suggesting that without proper compliance controls, the sector remains at risk of exploitation by illicit actors [5] - The regulator's actions reflect a growing urgency for robust compliance frameworks within Canada's expanding virtual currency sector to mitigate risks associated with money laundering and terrorist financing [5][6]

Core Points - KuCoin, operated by Peken Global Limited, is facing a $14 million (over $19.5 million CAD) anti-money laundering penalty from Canada's FINTRAC, marking the largest penalty ever imposed by the agency [1][2] - The penalty was issued for non-compliance with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, specifically for failing to register as a foreign services money business and not reporting large virtual currency transactions above $10,000 CAD [2][3] - KuCoin has appealed the decision in Canadian Federal Court, arguing against the classification as a Foreign Money Services Business and the severity of the penalty [4][6] Regulatory Context - FINTRAC emphasizes the importance of compliance with anti-money laundering and anti-terrorist financing regulations to protect Canadians and the economy [2] - The agency works with businesses to ensure understanding and compliance with their obligations under the Act [3] Previous Legal Issues - In January, KuCoin pleaded guilty to operating an unlicensed money transmitting business in the U.S., resulting in nearly $300 million in fines and forfeitures [5][6] - Co-founders Chun Gan and Ke Tang were ordered to forfeit $2.7 million in cash and subsequently left the firm after the settlement [5]

Core Viewpoint - Morgan Stanley is under investigation by the Financial Industry Regulatory Authority (FINRA) regarding its money laundering prevention measures and client vetting practices [2][3]. Investigation Details - The investigation focuses on Morgan Stanley's client risk ranking and practices from October 2021 to September 2024 [3]. - FINRA is seeking information on both U.S. and international clients within Morgan Stanley's wealth management and trading desks, including details on senior foreign political figures and their associates [4]. Regulatory Context - FINRA, while not a government agency, has the authority to impose fines on broker-dealers that violate its regulations [5]. - Morgan Stanley is also facing scrutiny from multiple federal agencies, including the SEC, OCC, and FinCEN, regarding its client vetting processes [6]. Related Regulatory Developments - The investigation coincides with the Treasury Department's announcement of a two-year delay on a new anti-money laundering rule for investment advisers, now set to take effect in 2028 [7][8]. - The delay aims to balance regulatory costs and benefits while addressing risks posed by illicit finance [8].

Core Viewpoint - Flywire has been appointed to the PCI Security Standards Council (PCI SSC) 2025-2027 Board of Advisors, marking its second consecutive term, which underscores its commitment to enhancing payment security standards and protocols [1][2][3] Group 1: Company Representation and Expertise - Flywire's CTO, David King, and CIO/CISO, Barbara Cousins, will represent the company on the PCI SSC Board, leveraging their extensive experience in security and payments [1][2] - David King was part of the original team that drafted the initial version of PCI DSS 1.0, bringing valuable insights to the Board [2] Group 2: Commitment to Security and Compliance - Flywire is PCI DSS Level 1 certified, the highest level for credit card data security, and undergoes annual SOC II Type II audits to ensure strong information management processes [3] - The company actively manages global regulatory requirements, including comprehensive Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) programs, and complies with various data protection laws such as GDPR, CCPA, PIPEDA, HIPAA, and FERPA [3] Group 3: Client Trust and Security Differentiation - Flywire's security capabilities are a key differentiator for its global clients, as evidenced by Nordic Visitor's decision to select Flywire for its international payments due to robust security and compliance features [4] - The company emphasizes that being a leader in security and compliance is about building trust with clients and their customers, not just meeting regulatory requirements [5] Group 4: Industry Collaboration - The PCI SSC Board of Advisors provides industry expertise that influences the development of PCI security standards and programs, highlighting the collaborative effort to enhance payment data security globally [5][6]