Tag: laundering
NFT Providers May Need FCA Registration to Comply With UK Money Laundering Rules
The government has been refining its crypto regulation environment, and last year said it planned to bring crypto exchanges and custody providers into [...]
Frankfurt to Host New EU Money Laundering Watchdog Tasked With Monitoring Crypto
"We're mitigating risks linked to large sums of money with an EU-wide limit of 10,000 euros for cash payments. At the same time, we're addressing risk [...]
Crypto Money Laundering Dropped 30% Last Year, Chainalysis Says
Chainalysis said $22.2 billion was laundered via crypto in 2023, down from $31.5 billion the year before. The drop was steeper than the decrease in tr [...]
OneCoin Crypto Money Laundering Scheme Results in 10-Year Sentence – FX Leaders – FX Leaders
OneCoin Crypto Money Laundering Scheme Results in 10-Year Sentence - FX Leaders FX Leaders
www.fxleaders.com [...]
EU Provisionally Agrees Tougher Crypto Due Diligence Measures to Combat Money Laundering
"This agreement is part and parcel of the EU’s new anti-money laundering system. It will improve the way national systems against money laundering and [...]
EU Banking Watchdog EBA Extends Anti-Money Laundering Measures to Cover Crypto Firms
"The risks of this happening can be increased, for example because of the speed of crypto-asset transfers or because some products contain features th [...]
EU Banking Watchdog Extends Anti-Money Laundering Measures to Cover Crypto Firms
"The risks of this happening can be increased, for example because of the speed of crypto-asset transfers or because some products contain features th [...]
Nexo’s (NEXO) Money Laundering Investigation in Bulgaria Closed Due to Lack of Evidence: Report
Bulgarian authorities said they found “no evidence of criminal activity,” adding that “no evidence of tax offenses or computer fraud was found against [...]
Alleged Crypto Investment Scam Worth $80M Sees Four People Charged With Money Laundering in U.S.
The four allegedly obtained the money through so-called pig-butchering and other fraudulent schemes.
www.coindesk.com [...]
Why Lobbyists Are Still Fighting Congress on Money Laundering
A law to require disclosure of corporate ownership takes effect Jan. 1. Small businesses and banks say it would be too burdensome and are turning to l [...]
Bitcoin Group (ADE) Is Addressing ‘Serious Deficits’ in Anti-Money Laundering Measures Flagged by BaFin
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Binance’s CZ pleads guilty to violating anti-money laundering requirements—WSJ
Binance founder Changpeng "CZ" Zhao has agreed to step down as CEO of the crypto exchange as the U.S. Department of Justice (DOJ) prepares to announce [...]
Taiwanese crypto exchange and VASP member Bitgin under investigation for money laundering
Taiwan cryptocurrency exchange Bitgin is under investigation by the country's police force for money laundering. According to local news reports early [...]
Crypto Mixers Targeted by U.S. Over Money Laundering Concern
“Today’s action underscores Treasury’s commitment to combating the exploitation of Convertible Virtual Currency mixing by a broad range of illicit act [...]
Hamas’ Crypto Ties May Lend Energy to U.S. Sen. Elizabeth Warren’s Money Laundering Bill
The bill was co-sponsored by Sen. Joe Manchin (D-W.V.), who has often occupied a middle ground between the parties on important legislative issues, an [...]