FinCEN flags IRGC oil-smuggling and digital-asset laundering red flags
→Financial institutions must map IRGC red flags into SAR detection workflows
Cryptocurrency
6 briefs
UK FCA opens cryptoasset pre-application meetings from May 11
→Crypto firms can request FCA authorisation meetings from May 11
UK's FCA orders cease-and-desist at illegal peer-to-peer crypto sites
→Unregistered peer-to-peer crypto traders must stop operations immediately
China takes custody of Prince Group founder Chen Zhi after extradition from Cambodia
→Custody shift limits foreign prosecution access
India expands financial reporting to include crypto assets and CBDCs
→Institutions must report digital asset holdings and transactions
US regulators align capital rules for tokenized securities
→Tokenized assets treated same as traditional securities