Compliance

The Bank of Korea (BOK) has revealed it is planning to initiate its central bank digital currency (CBDC) pilot later this month.

UK watchdog Financial Conduct Authority (FCA) has fired a warning shot at the cryptocurrency industry, signalling it could soon come under greater regulatory scrutiny.

Finance officials from the G7 have endorsed 13 public policy principles for retail central bank digital currencies (CBDCs).

The European Commission has proposed legislative changes that would ensure national regulators have a more independent role in their supervision of the financial industry.

The European Banking Authority (EBA) has published its final draft implementing technical standards on Pillar 3 disclosures for ESG risks.

Solidus Labs, a provider of crypto-native risk monitoring and market surveillance, has raised $45m in Series B funding led by Liberty City Ventures.

Armalytix, which streamlines data collection and intelligence for AML checks, has reportedly raised $1m in funding.

Singapore-based Betterdata, which leverages programmatic synthetic data to help preserve privacy, has reportedly secured $1.55m in seed funding.

Theta Lake Inc has revealed that it has extend its existing partnership with RingCentral to bolster its compliance suite.

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