The false positive problem in anti mone y laundering (AML) enforcement rarely makes headlines. Yet for every criminal that AML procedures identify, they generate tens of thousands of alerts that disrupt, delay or block entirely legitimate transactions. As SEC Commissioner Hester Peirce has observed, “the sledgehammer has become the tool of choice for monitoring for financial …
Image by Ledger Insights During the past week Circle’s President Heath Tarbert visited Korea and held meetings with the central bank and big four commercial banks, KB Kookmin, Shinhan, Hana and Woori. Multiple news outlets reported that Circle has no intention of participating in the issuance of a won stablecoin. Instead, Mr Tarbert aimed to …
Circle exec’s Korean visit: no plans to issue a won stablecoin 查看全文 »
Image by Ledger Insights For some time there’s been talk of stablecoins replacing eurodollars, but the discussion has accelerated with the new Trump administration. In one of his executive orders, he promoted the idea of dollar stablecoins being used ‘worldwide’. It’s likely the motivation is more about increasing the stock of stablecoins to ramp up …
