Ireland: AML/CFT Law on Virtual Assets

Key takeaways: Ireland transposed the 5AMLD to national law. It extends the Criminal Justice (Money Laundering and Terrorist Financing) Act, 2010 to VASPS. The law will impose AML/CFT standards on VASPs starting April 2021. In September 2020, the Irish government approved the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) »

FCA: Annual Financial Crime Report to be extended; cryptoasset businesses included

This August, the Financial Conduct Authority (FCA) in the UK published a consultation paper. The paper proposes to extend the scope of firms required to provide Annual Financial Crime Report (REP-CRIM) information. It should include firms that carry on regulated activities considered to potentially have higher money laundering risk, such »

Scorechain Help Center is launched

We are happy to announce that Scorechain Help Center is live now! The goal of this Help Center is to give Scorechain Customers a quick and seamless experience when they have questions or doubts about Scorechain products and usage.  An easy-to-access Knowledge Library is available for them anytime. More than »

Crypto Assets Regulation in France

In the context of growing interest in the Distributed ledger technology (DLT) shown by blockchain ecosystem players and also traditional financial actors, the regulation of crypto assets in the world is changing quickly.  This article aims to give an overview of the current status of regulations of crypto assets in »