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Uppsala Security Conducts First Virtual Assets AML Training Program for South Korean Government Agency Compliance Officers
Uppsala Security has reportedly conducted the very first “
Virtual Assets AML Training Program” for partners and government agency compliance officers.
Uppsala Security, the provider of tools for Crypto Risk Management and Cybersecurity, revealed on May 4, 2021, that it has begun its
Virtual Assets AML Training Program via the
Crypto Incident Response Center (CIRC).
As mentioned in the announcement:
“The Training Program was initiated as a consequence of the implementation of more exigent special law revisions in South Korea beginning with March 2021. Government agencies and Virtual Asset Service Providers (VASPs) attended the training program and already obtained certified licenses.”
Venezuelan Crypto Regulator Sunacrip Strengthens AML/KYC Requirements for Virtual Asset Service Providers
Sunacrip, the Venezuelan cryptocurrency watchdog, has recently published a new set of AML/KYC requirements for VASPs (Virtual Asset Service Providers) that establishes new and updated rules about the kind of information these providers must require and share with the Venezuelan government, raising alarms in the cryptocurrency community about what the government could do with this data.
Venezuelan Crypto Watchdog Sunacrip Strengthens KYC/AML Requirements for VASPs
Last week, the Superintendence of Crypto Assets and Linked Activities of Venezuela (Sunacrip), quietly published a new set of rules that aim to tighten the KYC/AML requirements this institution requires from Virtual Asset Service Providers that offer these services on Venezuelan soil.
Irish Crypto Firms now Required to Comply with Anti-money Laundering laws
Last Updated: 27 April 2021
The Irish Government is tightening the noose on the crypto market by introducing new regulations. The newly introduced law requires crypto firms to register with the Central Bank of Ireland or be charged with a criminal offense.
Crypto businesses in Ireland are now being rattled after the introduction of new laws and regulations in the country. It will be the first time that the crypto market in the country is being regulated. Local firms in the country dealing in virtual assets will now have to comply with the anti-money laundering laws established by the European Union.