risk assessment

On April 24th, it was reported that the South Korean financial regulatory authorities have requested the South Korean exchange Gopax to conduct a risk assessment again after 9 mont

According to reports, Assistant Secretary of the Treasury Elizabeth Rosenberg stated that the Treasury is strengthening its regulatory system and DeFi should plan for some complian

It is reported that Elizabeth Rosenberg, the assistant secretary in charge of terrorist financing and financial crimes, said that the US Treasury Department will soon release a risk assessment to analyze the criminal use of decentralized finance (DeFi). Rosenberg said at the bank event held in Sydney, Australia on Monday that “illegal actors have been looking for effective ways to hide criminal activities and launder their profits, which poses a threat to the DeFi service or other elements of the virtual asset ecosystem.” She said that her team is “actively…

According to reports, the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) said that enterprises have been told that they need to conduct careful risk assessment, but the latest statement is not in the process of formulating new policies. The new announcement released on Thursday aims to “remind banking organizations to apply the existing risk management principles when it comes to activities related to cryptocurrencies”. Banks should consider the “concentration and correlation” of the entire deposit and the potential liquidity…