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Nalezeno "Money-laundering": 514

EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies

30.6.2022
European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activities potentially involving digital assets. The progress comes as the Union seeks to comprehensively...

EU Finalizes Crypto Money Laundering Rules

29.6.2022
A Wednesday meeting secured a final deal on anti-money laundering legislation for crypto transfers which the industry warns could prove harmful for innovation and privacy

Binance fires back at Reuters’ money laundering allegations

7.6.2022
Binance wrote that the allegations made by the media outlet are created by interested parties to “mislead the general public.”

Binance Refutes 'Skewed' Money Laundering Claims

7.6.2022
Binance, the largest cryptocurrency exchange by trade volume, has hit back at reports associating it with criminality and money laundering

Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns

19.5.2022
The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the National Assembly of the country in its current form. Cortizo stated that one of his main concerns about the bill is the stance it takes regarding money laundering...

Report: Nigerian Trio Allegedly Uses Money Laundering Proceeds to Buy Bitcoins Worth Over $43 Million

2.5.2022
Three Nigerian nationals are accused of using money laundering proceeds to buy bitcoin worth over $43 million from cryptocurrency exchange platforms like Binance and Busha. The trio is accused of moving an equivalent of over $215 million from Nigeria to Kenya between October and November 2020....

EU Crypto Firms Protest ‘Alarming’ Anti-Money Laundering Laws

19.4.2022
European industry is joining forces as it seeks to limit the impact of new proposals to cut the privacy of online payments and regulate stablecoins

Indian minister wants global crypto rules to curtail money laundering risk

19.4.2022
India is yet to finalize a crypto regulatory framework despite assurances of a speedy draft law over the past few years

What are wash trading and money laundering in NFTs?

18.4.2022
The simultaneous purchase and sale of crypto assets is called wash trading. Read this guide to understand the purpose of a wash trade

Colombian Money Laundering Watchdog Postpones Crypto Transaction Reporting Resolution

5.4.2022
The UIAF, which is the Colombian money laundering watchdog, has postponed the date on which exchanges and individuals must start reporting their transactions to the organization. The institution will now open a consulting period in which companies and individuals can present their thoughts...

I’m Not Anti-Crypto, Says Architect of Controversial EU Money Laundering Proposal

31.3.2022
In an exclusive interview, Belgium’s Assita Kanko tells CoinDesk she just wants to stop anonymous payments being used for crime – but her claims seem unlikely to impress an industry that complains of privacy violations and stifling innovation

Crypto Should Disrupt Current Anti-Money Laundering Practices, Not Adopt Them

31.3.2022
Modern know-your-customer, anti-money laundering regulations are ineffective; crypto represents a better option to address this problem

US Justice Dept. Charges 2 in NFT Money-Laundering, 'Rug Pull' Scheme

24.3.2022
"They pulled the rug out from under the victims," law enforcement said of the creators of the Frosties NFT collection

MoonPay, Startup Known for Celeb NFT Buys, Adds Obama-Era Money Laundering Watchdog

23.3.2022
James Freis ran the Financial Crimes Enforcement Network from 2007 to 2012

Argentinian Regulator to Propose Anti-Money Laundering Measures for Crypto Firms

18.3.2022
The Argentinian anti-money laundering regulator is reportedly working to force cryptocurrency firms to report their movements and take AML measures on Argentinian soil. The regulation for this purpose might be ready for approval this year, according to local media. This could be the consequence...

Crypto Exchange Bitmex’s Founders Plead Guilty to Bank Secrecy Act Violations

26.2.2022
The founders of cryptocurrency derivatives exchange Bitmex, Arthur Hayes and Benjamin Delo, have pled guilty to violations of the U.S. Bank Secrecy Act. “As a result of its willful failure to implement AML and KYC programs, Bitmex was in effect a money-laundering platform,” said...