Australian Crypto Exchange Cointree was sentenced to delayed suspicious activity reports

Brief Austrac condemned to a fine of Crypto Exchange Cointree for having omitted to submit suspicious matter reports within the required time. Exchange has disclosed reporting losses and takes measures to improve internal compliance systems. Austrac CEO, Brendan Thomas, said that timely reports were essential to the fight against financial crimes and have warned companies…

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How Fintech partnerships help solve stablecoin problems

Strengths The adoption of stablescoin is growing, with partnerships such as Mastercard and Moonpay signaling traditional interest and proving the key to conviviality, but scalability remains hampered by limited fiat and output ramps, acceptance of merchants and regulatory uncertainty. Stablecoins offer advantages, especially for cross -border payments and emerging markets, thanks to their speed, reliability…

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