Thailand Gov’t Will Amend AML Laws to Regulate Cryptocurrency

A Thai regulator announced that the regulator will amend regulation to prevent crypto use for illicit activities, English-language local news outlet BangkokPost reports on Aug. 5. AMLO to focus on cryptocurrencies Per the report, Acting Secretary-General of the Thai Anti-Money Laundering Office (AMLO), Pol Maj Gen Preecha Charoensahayanon, stated that cryptocurrencies will be used for…

Insurance Giant Allianz Is Working on a Token-Based Blockchain Ecosystem

German financial services giant Allianz Global Corporate & Specialty SE (AGCS) is developing a blockchain-based ecosystem to facilitate cross-border insurance payments for its corporate customers. Experimentations with blockchain technology Allianz is working on a token-based blockchain system, expecting it to streamline international insurance payments for its corporate customers, Forbes reported on Aug. 8. An Allianz…

Al in Finance Summit will take place 05-06 of September in New York

World-class speakers at RE•WORK’s AI in Finance Summit in New York will share insights on cutting-edge technical advancements and real-life applications of AI including financial forecasting, fraud detection & stock market prediction. The summit will explore the most recent impacts of AI in financial sectors including retail banking, hedge funds, insurance and international economic development.…