The Australian government has announced plans to strengthen its anti-money laundering rules with new reforms that will include digital currencies for the first time.
A US jury has indicted a Russian man arrested earlier this week in Greece accused of helping to launder more than $4 billion in bitcoin, including some obtained from the infamous Mt. Gox hack. In a coordinated move, the bitcoin exchange he operated has been slapped with a $110 million fine by American authorities for AML law violations.
Los Angeles is looking to jump aboard the multi-billion dollar fintech train through its first professional financial technology conference.
Hong Kong's DBS Accelerator, run by DBS Bank and early-stage VC Nest, is switching the format of the programme to a rolling intake that will see it host new startups throughout the year.
Welcome to Finextra's live coverage of the Swift Business Forum in Stockholm. This event will explore how banks can think in new and innovative ways as different business models impact the majority of existing banking revenues.