Midweek Roundup: DFS Reminds Cryptocurrency of AML Rules, Indicted Compliance Officer’s Work History Aligns with Prior Violations, and More

New York State's top regulator reminded cryptocurrency firms to implement all required anti-money laundering controls if they want to operate in the state, ACAMS reported. More A senior AML officer whom U.S. prosecutors have accused of repatriating more than $1 billion in suspicious funds from Mexico through the credit union that employed him in New York worked at HSBC, then a fintech-focused lender in Kansas, when those banks were engaging in similar practices, reported. More U.S.-blacklisted Palestinian militia Hamas has allegedly moved cryptocurrency through Binance, a Cayman Islands-based exchange, CoinDesk reported, citing independent research. More The FBI's covert...