Search

Nalezeno "Laundering": 1212

Mandatory KYC verification may contradict privacy laws in South Korea

25.9.2020
Will this legal contradiction be resolved before the deadline?

Keiser Insists ‘Bitcoin Inversely Correlated To USD Not Stock Markets’ After Crypto Market Tumble

23.9.2020
Reports that global banking giants helped criminals launder money for close to two decades helped spark the crash of global stock markets on Monday, September 21. Also tumbling in tandem with stocks were cryptocurrencies thus leading to renewed concerns that digital assets are intertwined with...

The FinCEN Files Show Banks Don’t Actually Care About Stopping Money Laundering

21.9.2020
The massive leak of suspicious activity reports shows how banks let the government know about likely money laundering, then go right on providing services

FinCEN leak suggests new AML measures may not go far enough… for banks

21.9.2020
The leaked documents show many banks 'enabling' money laundering

FinCEN announces sweeping money laundering regulations overhaul

17.9.2020
FinCEN is preparing to modernize its AML requirements for financial institutions to greater respond to the dynamic threats posed by “illicit finance.”

Report: Privacy coins don't conflict with anti-money laundering laws

16.9.2020
Where does the right to financial privacy end?

Regulatory risks grow for DeFi as a 'money laundering haven'

16.9.2020
DeFi could fall under regulatory pressure if it is seen as a haven for money laundering

Privacy coins ‘pose less risk of money laundering than other coins’

16.9.2020
Privacy coins aren’t a major money laundering risk a new white paper argues

Binance sued for allegedly facilitating money laundering with 'lax KYC'

15.9.2020
Binance’s lax KYC requirements are creating more legal problems for the exchange

Japanese Crypto Exchange Accuses Binance of Helping Launder $9M From 2018 Hack

15.9.2020
Fisco, formerly Zaif, is suing Binance for "aiding and abetting" the laundering of some of the $60 million stolen in 2018

FATF hints at Binance as example of an exchange avoiding regulation

14.9.2020
The FATF doesn’t seem to like frequent jurisdiction hoppers, notably Binance

SWIFT Says Criminals Prefer Cash for Money Laundering, Not Cryptocurrency

10.9.2020
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...

‘Exclusive mining’ could have negative implications for the Blockchain industry, say experts

7.9.2020
A new mining concept is facing criticism in the blockchain sphere

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

7.9.2020
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...

US Hopes to Confiscate $400M: DoJ Files Forfeiture Judgment Against Onecoin Launderer

3.9.2020
Prosecutors from the Southern District of New York (SDNY) court have submitted a “forfeiture money judgment” against the former attorney Mark Scott. The lawyer was charged with helping the Ponzi scheme Onecoin launder funds. The U.S. Department of Justice (DoJ) claims that Scott helped...

US Moves to Seize $400M From Convicted OneCoin Money Launderer

2.9.2020
The U.S. Department of Justice wants an attorney to handover the massive sum he helped launder for the OneCoin scheme

Banks in Mexico Pose Greater Money Laundering Risk Than Crypto Firms, Says Report

28.8.2020
Commercial banks by far pose the greatest risk of money laundering in Mexico compared to crypto-related companies, according to a new report by the country’s Financial Intelligence Unit (FIU). The study singles out what it calls the “G7 banking group”, which includes BBVA...