White Paper

Mitigating Financial Crime Risks in the Age of Cryptocurrency

migtigating financial crime


Anti-money laundering (AML) in the cryptocurrency space comprises a wide range of rules, laws, and recommendations to thwart criminals who want to convert their illegally obtained bitcoin funds into cash.

The FATF’s AML recommendations for virtual currencies were approved and implemented by the European Commission, FinCEN, and other regulatory agencies. Due to these developments, cryptocurrency exchanges, stablecoin issuers, and suppliers of virtual asset services now have more specific obligations (VASPs).

Although international organizations have been attempting to evaluate the dangers and design relevant policy solutions to the risk concerns associated with the increasing use of cryptocurrency for money laundering activities, there hasn’t been a globally coordinated regulation of cryptocurrencies.


Download and read the whitepaper to get an insight on the fluid crypto regulatory landscape and how the banking industry can harness the benefits of intelligent digital solutions and technological innovation in the industry to curb the exploitation of cryptocurrency for financial misdeeds. Also learn how,

  • Cryptocurrency is shaping the financial crime risks and challenges
  • Monitor cryptocurrency transactions using blockchain
  • Best practices for preempting risks posed by cryptocurrency

Author Profile

Tasneem Abdulrahman
Tasneem Abdulrahman

Tasneem is an accomplished professional with 15+ years of experience in the global financial crime compliance industry, having extensive first-hand experience in developing and leading positive and sustainable AML cultures across complex organizations as well as building out comprehensive anti-financial crime frameworks, systems, and controls.

Her expertise spans Regulatory Compliance, AML Risk and Governance, Project Management, Control Testing, Remediation, Anti Financial Crime roadmaps, Financial Crimes advisory, Audits, and Strategic Management of Operational Risk Events.