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Nalezeno "FT Report": 5576

SWIFT Says Criminals Prefer Cash for Money Laundering, Not Cryptocurrency


A new report by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) says cryptocurrency is seldom used for money laundering activities compared to fiat or other traditional methods. Despite the perception that crypto assets are a preferred haven for illegally acquired funds...

Ethereum Whales Almost Double Their Holdings in A Month – Report


The largest holders of ethereum (ETH) tokens have become even larger, with a near-doubling of their bags over the course of August, new data from on-chain analysis firm Santiment showed. Looking at the holdings of the largest non-exchange ETH wallets, the firm found that holdings increased by...

CEX.IO Cryptoexchange Makes CryptoCompare Top 10


The international cryptocurrency exchange CEX.IO made it into the CryptoCompare top 10 July 2020 report, with an overall A grade. The CryptoCompare Exchange Benchmark rating evaluates over 165 exchanges around the world on aspects like adherence to regulations, platform security, liquidity, asset...

Latin Americans Turn to Bitcoin as Local Fiat Currencies Plunge


Latin Americans have embraced cryptocurrency as a store of value while their fiat currencies depreciate, a new report shows. Bitcoin adoption in the region is further driven by the lack of banking access and remittance needs. Latin American Bitcoin Adoption Blockchain data analytics firm...

'Exclusive Mining' Can Be Used for Money Laundering & Tax Evasion - Report


Source: Adobe/Galina_lya Cryptoasset miners are incentivized to keep transactions secret, said a recent paper, warning that the type of mining called "exclusive" allows them to do so while it can also be used for tax evasion and money laundering. "The authors observe that blockchain...

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