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Nalezeno "money laundering": 1128

Head of Crypto Capital Arrested in Connection with Money Laundering

25.10.2019
Polish authorities arrest Crypto Capital’s president in connection with money laundering

Germany Warns of Privacy Token Usage in Money Laundering and Terrorism

22.10.2019
German Finance Ministry urges oversight over the development of privacy tokens to prevent illicit usage

Silk Road Prosecutor: 99.9% of Fiat Money Laundering Goes Unprosecuted

22.10.2019
“The financial services industry is spending $20 billion a year on AML and KYC. So I would ask you: is it even working? I don’t think it’s working”

Bad for Business: How KYC/AML Makes Everyone a ‘Terrorist’

22.10.2019
Two reports from risk solutions group Lexisnexis assert that anti-money laundering (AML) and know your customer (KYC) policies can negatively affect a business’s bottom line and customer service significantly. A recent trip to the local post office for a money order certainly had a negative...

Anti-Money Laundering Laws Apply to Crypto Too, Says FinCEN Chief

22.10.2019
The director of FinCEN says that Anti-Money Laundering laws apply to everyone, including firms offering anonymous cryptocurrency services

FATF Joins BIS In Calling Stablecoins ‘Global Risk,’ Citing Money Laundering Concerns

18.10.2019
Stablecoins pose a money laundering and terrorist financing risk to the world, the FATF said Friday

FATF Raises Money Laundering Concerns Over Libra and Stablecoins

18.10.2019
FATF joins other authorities voicing concerns about Facebook’s Libra

Rare Joint Statement From U.S. Regulators Proves Crypto Centralization Is Here

17.10.2019
The U.S. SEC, Fincen and CFTC issued a rare joint statement Friday addressing regulation of “activities involving digital assets.” Citing crypto’s perceived role in money laundering and terrorism, the regulatory power trio prescribed stricter adherence to anti-money laundering...

How Anti-Money-Laundering Rules Hinder Libra’s Mission to Reach the Unbanked

9.10.2019
A "step-ladder" approach to know-your-customer (KYC) rules could help the Libra stablecoin reach those disconnected from the financial system

No Victim, No Crime: How the Darknet Drug War Is Ruining Young Lives

2.10.2019
There aren’t many areas of modern society unaffected by the draconian war on drugs, and non-violent crypto exchange is no exception. Two San Diego men in their twenties reportedly pleaded guilty on Monday to charges of money laundering conspiracy, for selling cannabis on the darknet...

BitShares DEX Gateway CryptoBridge Implements Mandatory KYC for Users

2.10.2019
BitShares decentralized exchange gateway CryptoBridge announces mandatory user identity verification

Attorneys Seek Bank of Ireland Execs’ Testimony Against OneCoin Scammer

30.9.2019
U.S. attorneys have submitted a motion seeking testimony from former Bank of Ireland execs in the case of a OneCoin cryptocurrency scammer

Traders Bemoan New Localbitcoins Identity Requirements

28.9.2019
Recent data shows that countries with corrupt governments have a strong correlation with Localbitcoins trade volumes. However, even though the over-the-counter (OTC) marketplace Localbitcoins has grown massive over the years, traders are complaining about heightened know-your-customer/anti-money...

ABN AMRO in Money-Laundering Scandal After Calling Bitcoin ‘Risky’

26.9.2019
Dutch bank ABN AMRO finds itself in the midst of a major alleged money laundering scandal, having leveled criticisms at “unregulated cryptocurrencies” earlier this year

Upbit Delists Privacy Coins, in an attempt to Alleviate Money Laundering

21.9.2019
Upbit, a cryptocurrency exchange based out in Korea has revealed its plans to stop supporting trade in 5 cryptocurrencies, that includes some major privacy coins, announced in a notice that was made public on September 20th. Upbit said that the exchange is to delist and stop trading in Monero...