Crypto AML | UGR Consulting

Understanding the U.S. Treasury's 2023 DeFi Illicit Finance Risk Assessment

The U.S. Department of the Treasury recently published the 2023 DeFi Illicit Finance Risk Assessment, the first illicit finance risk...

Build a Better Fintech: Invest in Compliance

The US doesn’t have an overarching compliance regime for its fintechs, making it difficult to determine which regulations and licences...

FinTech AML Compliance

FinTechs need to have a robust AML Compliance program and roadmap to avoid any gaps leaving them vulnerable and open for serious fines.

$30M Crypto Fine for Compliance Failures

On August 8, 2002, The New York State Department of Financial Services (NYDFS) fined a $30 million penalty against Robinhood's crypto...

FinCEN's Latest Russian Sanctions Red Flags

On March 7th 2022, US Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an alert on red flags associated with Russian...

NFTs And Compliance

NFTS became a $41bn market in 2021[1] driving many enthusiasts in the digital artwork and collectibles, seeing art, sports and music...

Top FinTech Trends in 2022

What may 2022 bring in predictions for this year ahead? The Financial Technology (FinTech) sector keeps growing fast and will continue to...

DeFi and Compliance

What is Decentralize Finance (DeFi) Decentralized Finance (“DeFi”) is a blockchain-based form of finance that utilizes smart contracts...

The AMLA of 2020 and Cryptocurrencies

The Anti-Money Laundering Act of 2020 (AMLA) and Cryptocurrencies. Robust Crypto AML programs need to be in place to stay compliant

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