Fintech

The United States Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on four of Iran's most significant cryptocurrency trading platforms, accusing them of enabling illicit financial activity, supporting terrorism-related financing, and assisting in the circumvention of international economic restrictions. The action specifically names Nobitex, the country's largest digital asset exchange by market share, along with Wallex, Bitpin, and R

The Board of Directors of the Federal Deposit Insurance Corporation has approved a new notice of proposed rulemaking aimed at imposing comprehensive financial crime compliance standards on permitted payment stablecoin issuers operating under its supervision. The proposal marks a significant step toward integrating digital asset companies into the same anti-money laundering and counter-terrorism financing framework that governs traditional banking institutions. Federal regul

The Financial Transactions and Reports Analysis Centre of Canada has announced a major enforcement action against Necosmart, issuing an administrative monetary penalty totaling 693,742.50 dollars following the discovery of extensive compliance deficiencies within the company’s anti-money laundering controls. The sanction, finalized on March 27, 2026, underscores the growing intensity of regulatory oversight directed at money services businesses operating across Canada. Accord

The establishment of the Nobitex cryptocurrency exchange by members connected to one of Iran’s most powerful political and economic families has intensified international concern over the relationship between digital asset infrastructure and sanctioned state actors. The situation has drawn attention to the increasingly sophisticated methods through which domestic financial entities in heavily sanctioned jurisdictions may leverage decentralized technologies to bypass internati

The creation and rapid rise of the Iranian cryptocurrency exchange Nobitex by individuals connected to one of Iran’s most powerful political dynasties has intensified international concerns about the growing overlap between digital asset infrastructure and sanctioned state networks. The case has drawn attention to the increasingly sophisticated ways in which domestic financial institutions in sanctioned jurisdictions may use decentralized technologies to move wealth beyond th

The Polish government has intensified efforts to overhaul the country’s digital asset regulations following the explosive financial scandal linked to the Zondacrypto exchange. Prime Minister Donald Tusk confirmed that authorities are preparing a new legislative package aimed at combating illicit financial activity and strengthening investor protections after losses connected to the platform climbed to an estimated 350 million zloty. The political response comes amid mounting

South Korea’s regulatory approach to virtual asset service providers is entering a defining phase as authorities consider a major shift in how financial oversight is conducted. At the center of the debate is a proposed move away from the long-established risk-based monitoring model toward a strict rule-based system that mandates reporting for high-value transactions. Under this new framework, any transfer exceeding a predetermined monetary threshold would have to be reported

Canada is moving toward a sweeping prohibition of cryptocurrency ATMs as part of a wider government effort to combat fraud and money laundering, following increasing evidence that these machines are being exploited by criminal networks and scam operations. The proposal was introduced in the Liberal government’s Spring Economic Update, released on Tuesday, and calls for the complete removal of crypto ATMs across the country. Officials described these machines as a “primary met