New Zealand Bans Crypto ATMs to Combat Money Laundering
New Zealand has taken a strong stance against money laundering and organised crime by banning crypto ATMs and limiting international cash transfers. The government announced the changes as part of a major update to its Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework. The announcement came from Associate
Bybit Secures India Clearance After $1M Fine
Dubai-based cryptocurrency exchange Bybit has successfully registered with India’s Financial Intelligence Unit (FIU-IND) after paying a fine of ₹92.7 million ($1 million) for operating without authorization. This marks a significant step towards compliance with Indian regulations, allowing the exchange to resume services in the country. Regulatory Roadblock and Suspension In
