Treasury suggests KYC’ing DeFi Reported by Steven Stradbrooke (Excerpt shared below. To read full report, go to: https://coingeek.com/gemini-pre-ipo-stats-underwhelm-treasury-to-kyc-defi/) Not everyone in the federal bureaucracy has been told to ‘stand down’ on crypto issues. On August 18, the Treasury Department issued a request for comment on ‘Innovative Methods to Detect Illicit Activity Involving Digital Assets.’ Interested parties have […]

Reported by PYMNTS (Excerpt shared below. To read full report, go to: https://www.pymnts.com/cryptocurrency/2025/occ-lifts-consent-order-against-crypto-focused-anchorage-digital-bank/) The Office of the Comptroller of the Currency(OCC) has terminated a 3-year-old enforcement action against Anchorage Digital Bank, the first federally chartered cryptocurrency-focused bank. The April 21, 2022, consent order addressed the bank’s failure to adopt and implement required Bank Secrecy Act and anti-money laundering measures, […]

Reported by Reuters (Excerpt shared below. To read full report, go to: https://www.reuters.com/sustainability/dutch-online-bank-bunq-fined-failures-money-laundering-controls-2025-08-25/) Dutch online bank Bunq has received a 2.6 million euro ($3.04 million) fine for failures in its money laundering controls, Dutch central bank DNB said on Monday. Bunq said it disagreed with DNB’s decision, to which it has formally objected. DNB said […]