Money laundering, the process of legitimizing illicitly obtained funds, has been transformed with the advent of cryptocurrency. The unique attributes of cryptocurrencies can complicate the tracking and tracing of transactions, providing a veil for illegal activities. This article delves into the
The regulatory technology (regtech) sector in Singapore is on the brink of substantial growth, presenting numerous investment opportunities for stakeholders in various industries. Regtech focuses on enhancing regulatory compliance through advanced technology, and its market dynamics, size, and
The Consumer Financial Protection Bureau (CFPB) has recently taken legal action against Early Warning Services, the operator of Zelle, and three major U.S. banks—Bank of America, JPMorgan Chase, and Wells Fargo. The lawsuit alleges that these institutions have failed to implement sufficient
The recent strategic investment made by reAlpha Tech Corp into Xmore AI signifies a pivotal move towards enhancing cybersecurity through advanced artificial intelligence technologies. This investment also marks the launch of reAlpha AI Labs, a new division dedicated to pioneering AI innovations. As
The mergers and acquisitions (M&A) landscape within the media and entertainment sectors experienced a significant slowdown in 2024. This trend is largely attributed to the stringent regulatory actions taken by the Department of Justice (DOJ) and the Federal Trade Commission (FTC). These regulatory
The National Treasury of South Africa has recently published the draft General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill, 2024, in Government Gazette No. 51772 Notice 5683 for public comment on December 13, 2024. This legislative development aims to bolster South
