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Israeli Authorities Order to Seize Millions in Crypto Linked to Hamas
17.10.2023
Israeli law enforcement authorities have ordered a freeze on hundreds of cryptocurrency accounts and seized millions of dollars' worth of crypto in order to block the flow of funds to Hamas, Financial Times reported.
The crackdown primarily targets cryptocurrency accounts on Binance, the world's...
Tether freezes $873,000 USDT linked to terrorist activity in Ukraine, Israel
16.10.2023
The stablecoin issuer freezes addresses containing $873,000 USDT linked to illicit activity in Israel and Ukraine
Hamas Received $41 Million in Crypto in Lead Up to Attack on Israel
11.10.2023
Investigations based on Israeli government seizure orders and blockchain analytics have indicated that Hamas, along with other militant groups such as Palestinian Islamic Jihad (PIJ) and Hezbollah, received millions of dollars in crypto funding in the lead-up to the attack on Israel....
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Kuwait Capital Markets Authority Reaffirms Comprehensive Crypto Asset Ban
20.7.2023
In a circular released by the Capital Markets Authority of Kuwait, the regulator reaffirmed its position that Kuwait strictly prohibits the use of virtual currencies and bans mining activities within the Gulf state. The authority also emphasized the importance for businesses to inform customers...
Israel Confiscates Cryptocurrency Allegedly Used for Funding Hezbollah and Iran's Revolutionary Guard
28.6.2023
Israel has seized millions of dollars worth of cryptocurrency allegedly used to finance the Iran-backed militant groups.
In a Tuesday announcement, Israeli Defense Minister Yoav Gallant said he has spearheaded the operation and ordered the confiscation of cryptocurrency wallets involved in these...
Qatar Needs To Make Some ‘Major Improvements’: Money Laundering Watchdog Says
1.6.2023
Qatar needs to make some “major improvements,” on how it responds to terrorist financing, according to a global money laundering and terrorist financing watchdog.
The Financial Action Task Force accused Qatar of not having enough controls and needs to better understand “more complex forms of money...
Israel Has Seized 190 Binance Accounts With Alleged Terrorist Ties Since 2021: Reuters
5.5.2023
Israeli authorities say the accounts on crypto exchange Binance belonged to individuals affiliated with Daesh and Hamas
Top Indian Banker Says US Dollar Has ‘Disproportionate Power’ as Reserve Currency; Retracts ‘Biggest Financial Terrorist’ Remark
1.5.2023
Uday Kotak, the CEO of Kotak Mahindra Bank, a financial institution based in India, recently expressed his view on the dominance of the U.S. dollar in global financial markets. Kotak stated that the U.S. dollar has “disproportionate power” as a reserve currency, retracting his previous...
Reintroduced Congressional Bill Would Call for Feds to Study Terrorist Uses for Crypto
27.4.2023
A bipartisan bill introduced simultaneously to the House and Senate would call for federal agencies to study the possible criminal uses for crypto, and provide a report with recommendations on how to address these concerns
Teen Detained After Playing On ISIS-Themed Roblox Servers
22.2.2023
A 16-year-old boy has been detained by Singaporean authorities under the country’s strict new terror laws, after he was found to have been playing on ‘multiple Islamic State-themed servers on Roblox’.Read more
Nigeria Extends Deadline for Returning Soon-to-Be Demonetized Naira Banknotes
1.2.2023
After initially ignoring pleas to extend the period for returning old naira banknotes, the Nigerian central bank recently said it has shifted the deadline for returning old banknotes to Feb. 10. The bank’s governor, Godwin Emefiele, said some 30,000 so-called super agents have been deployed...
The No-Fly List Has Been Leaked, TSA Investigating 'Cybersecurity Incident'
23.1.2023
The Transportation Security Administration’s No-Fly List is one of the most important ledgers in the United States, containing as it does the names of people who are perceived to be of such a threat to national security that they’re not allowed on airplanes. You’d have been forgiven then...
Israeli court rules authorities can seize crypto in 150 blacklisted wallets
19.12.2022
Over 150 crypto wallets blacklisted for alleged links to funding terror groups can now be drained of all funds following a ruling by an Israeli court
US regulator to seek feedback on DeFi's impact on financial crime
8.12.2022
A “close look” is being taken at money laundering and terror financing laws by FinCEN as it asked banking sector players for feedback on DeFi’s crime risks
UK Lawmakers Support Easy Seizure of Crypto Linked to Terrorist Activity
24.11.2022
Lawmakers had already accepted amendments to a new bill to make it easier for law enforcement to target crypto and related property linked to crime
Countries ignoring crypto AML rules risk placement on FATF's 'grey list' — Report
8.11.2022
Reports suggest the Financial Action Task Force will conduct annual checks to ensure countries are enforcing anti-money laundering rules for crypto providers
Estonia Issues First License to Crypto Service Provider Under New Regulation
25.9.2022
Estonia’s Financial Intelligence Unit has issued its first license to a crypto service provider under the country’s new regulatory framework that entered into force in March. “Striga Technology OÜ is the first entrepreneur, who is authorized for the first time to provide...
US Treasury Seeks Public Comments on Crypto-Related Illicit Finance and National Security Risks
21.9.2022
The U.S. Department of the Treasury is seeking public input on “digital-asset-related illicit finance and national security risks.” The department warned: “The growing use of digital assets in financial activity heightens risks of crimes such as money laundering, terrorist...
South African Banking Regulator: ‘De-risking’ Crypto Firms Potentially Creates ‘Opacity in Financial Conduct’
19.8.2022
According to the latest guidance note issued by the South African banking sector regulator, Prudential Authority, risk assessment does not mean financial institutions should avoid or eliminate risks via the wholesale termination of client relationships with entities such as crypto asset service...
Trudeau Invokes Emergencies Act to End Freedom Convoy Protests — Canada’s Terrorist Financing Rules Now Cover Crypto
15.2.2022
The Canadian government has invoked the Emergencies Act to deal with the Freedom Convoy protests, said Prime Minister Justin Trudeau. The scope of Canada’s anti-money laundering and terrorist financing rules is also broadened to cover crowdfunding platforms and “all forms...