Tag: Watchdog

Finland’s Regulatory Watchdog Plans to Supervise Localbitcoins Operations

Finland’s Regulatory Watchdog Plans to Supervise Localbitcoins Operations On Monday, the Helsinki-based peer-to-peer crypto exchange Localbitcoins announced it is adding several different identification processes in order to improve AML and KYC requirements. The move to bolster the new customer verification procedure follows Finland’s Financial Supervisory Authority (FSA) mandating supervision over […]

Russia’s Financial Watchdog to Oversee the Cryptocurrency Industry

Russia’s Financial Watchdog to Oversee the Cryptocurrency Industry Russia’s Federal Financial Monitoring Service has revealed that it will regulate cryptocurrency-related transactions in the country, with a senior official saying that the agency will also oversee the broader cryptocurrency industry, in accordance with recommendations issued by the Financial Action Task Force […]