Francesco Fantinelli’s Post

Continuing last week’s momentum at ACAMS - The Assembly Fintech & Crypto conference in sunny Austin Tx! Looking forward to the many different sessions and mini workshops, starting with: 🔅Regulatory Roundtable: Insights on the Current FinTech and Crypto Regulatory Landscape 🔅Binance.US: A Compliance Chief’s Lessons Learned 🔅Roadblocks on the Blockchain: Overcoming Transaction Monitoring Challenges 🔅The Buck Stops … Where? Risk Management of BaaS Partners If you’re attending, let’s connect! #acams #aml #fraud #sanctions #fintech #crypto #digitaltransformation #wearewolf #acamsassembly

Ensuring the safety of digital transactions is paramount in today's cryptocurrency landscape. AI is key in building a robust compliance framework, enabling real-time monitoring, securing smart contracts, automating KYC, detecting market manipulation, and ensuring AML compliance. By integrating AI, organizations can safeguard the blockchain, ensuring trust and transparency in every transaction. Jun Du Gong Cheng Dennis Wu the parallels between our previous successes and the current challenge of training and finding that needle in the haystack is truly remarkable. #Blockchain #AI #Compliance #Cryptocurrency #DigitalSecurity #Fintech #Trust #alwayslearning #stayinquisitive

Revolutionizing Financial Services with Blockchain 💵 Blockchain technology is reshaping the financial services landscape by offering unprecedented levels of security, efficiency, and transparency. Here's how it's transforming traditional infrastructure: 🔶 Payments: - Faster and cheaper cross-border transactions. - Reduced fraud and chargebacks. - Decentralized finance (DeFi) applications. 🔶 Securities: - Tokenization of assets for fractional ownership. - Automated trading and settlement. - Enhanced transparency and compliance. 🔶 Identity Verification: - Secure and tamper-proof digital identity management. - Reduced identity theft and fraud. - Improved customer onboarding and KYC processes. 🔶 Supply Chain Finance: - Enhanced visibility and traceability of goods. - Faster payments and improved working capital management. - Reduced risk of counterfeit products. 🔶 Central Bank Digital Currencies (CBDCs): - Potential for more efficient monetary policies. - Improved financial inclusion. - Enhanced cross-border payments. #blockchain #fintech #financialtechnology #payments #securities #identityverification #supplychain #cbdc

Did you know 𝗗𝗲𝗙𝗶 is facing increasing regulatory attention globally? Here's what you need to know: • Regulators are concerned about consumer protection, money laundering, and financial stability within DeFi. • New regulations could impact how DeFi protocols operate, potentially requiring KYC/AML compliance or stricter governance frameworks. • This could lead to more centralized or hybrid DeFi solutions in the short term. However, the core principles of DeFi, 𝘁𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 𝗮𝗻𝗱 𝗱𝗲𝗰𝗲𝗻𝘁𝗿𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻, are still driving innovation. #DeFi #Regulation #CryptoRegulation #Web3 #Blockchain #DecentralizedFinance #Finance #CryptoNews

Targeted update on implementation of FATF standards on #VirtualAsset (VA) and VA Service provider (VASP) by Financial Action Task Force (FATF). 5th targeted review of implementation of the FATF’s Standards on VAs and VASP including #TravelRule. Compared to the 2023 survey results, jurisdictions, incl. some with materially important VASP activity, made progress in putting AML/CFT regulation in place or are in the process of doing so. This report sets out key areas for improvement and recommendations for both public and private sectors. 75% jurisdictions (97/130) are only partially or not compliant with Recommendation 15 re new technologies. 27% jurisdictions (39/147) have yet to decide if and how to regulate the VASP sector 30% respondents (29/94), excluding those that prohibit VASPs explicitly (i.e., including those that permit VASPs and those that prohibit VASPs partially), have not passed legislation implementing #TravelRule. #FinTech #Blockchain

AML and Cryptocurrencies: Balancing Innovation with Regulation Introduction: Cryptocurrencies are reshaping finance, but their anonymity and global nature present significant AML challenges. Key Points: • Understanding AML risks in crypto: anonymity, cross-border transactions, and decentralized finance (DeFi). • Regulatory responses: FATF Travel Rule, EU MiCA, and country-specific frameworks. • Tools for AML compliance in crypto: blockchain analytics and transaction monitoring. • How crypto exchanges can build trust through transparency and strong AML programs. Conclusion: Innovation and compliance can coexist. Strong AML frameworks in crypto are essential for mainstream adoption and long-term growth. #AntiMoneyLaundering #RiskManagement #FinancialCrime #KYC #FraudPrevention #DueDiligence #RegulatoryCompliance

Integrating digital assets with traditional financial systems is both challenging and full of opportunity. Legacy infrastructures often struggle with blockchain, but modular, scalable solutions can ease the transition. Regulatory compliance, particularly around AML, CFT, and KYC, adds complexity—but the right tools can streamline processes and ensure compliance. As younger investors demand more digital-first solutions, early adoption of digital assets will position institutions for future growth. The digital asset landscape is evolving rapidly, and now is the time to stay ahead. I invite you to join us on December 6 at EY Wavespace Singapore for an exclusive session on ""Navigating the Licensing Journey for Digital Payment Token Service Providers and Beyond."" You’ll gain valuable insights from a panel of experts as we discuss the key strategies needed to shape a sustainable digital future. Seats are limited—secure your spot today and ensure you're positioned for success in this high-growth space. If you're interested in attending, please register via this link: https://lnkd.in/gRkQUFv6 Note that your registration is not confirmed until you have received a confirmation email nearer to the event date. Reach out to me directly for tailored support in navigating the digital asset landscape. #ShapeTheFutureWithConfidence #DigitalPayments #BlockChain #DigitalAssets

🔍 Navigating Financial Compliance with a Forward-Thinking Approach 🚀 In today’s fast-evolving landscape of financial services, balancing compliance and innovation is more essential than ever. My experience as a Product Owner in Global Financial Crimes Compliance has taught me that adaptability and strategic foresight are key. Financial crimes compliance isn’t just about regulation adherence; it’s about safeguarding trust. Leveraging blockchain technology, enhancing KYC processes, and implementing smart contracts are just a few ways to stay ahead. Let’s continue building secure, future-proof systems that not only meet standards but also elevate them. 🌐 #FinancialCompliance #ProjectManagement #Blockchain #KYC #Innovation #StrategicThinking

Taiwan Strengthens Regulatory Oversight for Crypto with Accelerated AML Registration Taiwan is stepping up its efforts to enhance transparency and accountability in the crypto sector. Recent updates reveal a push to expedite the Anti-Money Laundering (AML) registration process for cryptocurrency platforms operating within the jurisdiction. This proactive measure demonstrates Taiwan's commitment to fostering a secure and compliant environment for digital asset innovation while addressing potential financial crime risks. By aligning with global AML standards, the nation is setting a benchmark for responsible crypto governance. The move also underscores the increasing importance of regulatory clarity as digital currencies gain mainstream traction. Businesses in the crypto space should take note and prepare to adapt to the evolving compliance landscape. For more details, read the full article: Taiwan Accelerates AML Registration for Crypto Platforms Source - https://lnkd.in/gS_9qcGZ #CryptoCompliance #AML #Blockchain #Taiwan #Regulation #Fintech #DigitalAssets