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Crypto

Italy central bank tightens crypto screening to curb sanctions evasion linked to Russia and Iran

The Bank of Italy has told crypto asset service providers to strengthen sanctions screening for customers and transactions to prevent evasion of international financial sanctions. It issued supervisory guidance requiring internal policies, procedures and control systems to implement EU and Italian sanctions and to identify customers and transactions linked to sanctioned persons in crypto transfers. The move seeks compliance with existing EU rules and EBA guidance, amid concerns about Russia- and Iran-linked crypto activity.

AI & Enterprise

Aton supplies quantum-resistant cryptography solution to Eastar Jet, expands customers beyond finance

Aton said on Wednesday it signed a contract with Eastar Jet to supply its PQC-based mobile OTP solution, Quantum SafeOTP, for authentication of access rights to the airline\'s internal systems for employees. It is the first time Aton has supplied a solution to an airline. The company has built PQC references mainly in finance, including banks, securities, virtual assets and fractional investment.

Crypto

Kyrgyzstan has 90 crypto-related criminal cases, expands cooperation with financial sector

Kyrgyzstan is stepping up enforcement against crypto-related crime as the industry grows quickly, with 90 criminal cases registered by police this year. Interior Minister Ulan Niyazbekov (울란 니야즈베코프) said crypto is being used for cyber fraud, embezzlement and money laundering, with cross-border transactions complicating tracing. Authorities are expanding cooperation with banks and the central bank, while also pushing digital asset experiments including a som-linked stablecoin and a digital som.