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Nalezeno "Laundering": 1212

Eike Batista Arrested on Suspicion of Money Laundering Via Bitcoin

8.8.2019
One-time richest man in Brazil has been arrested due to possible money laundering with the help of BTC and his wife’s identity

Thailand Government Plans to Amend AML Laws to Prevent Illicit Activities using Cryptocurrencies

6.8.2019
Regulator of Thailand declared that the controller would make changes in the regulation to avoid crypto use for unlawful operations, a local news outlet said. Besides, he declared that AMLO would concentrate on revising existing anti-money evasion regulations to counteract the utilization...

Thailand to Bring Cryptocurrency Under Anti-Money Laundering Rules

5.8.2019
Thailand's anti-money laundering regulator is planning to amend the country's laws to mandate reporting by cryptocurrency exchanges

Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels

18.7.2019
The recent seizure of a cargo ship owned by JP Morgan, a vessel loaded with 20 tons of cocaine according to latest accounts, highlighted the risks of banks’ involvement in illicit activities, inadvertent or otherwise. And although U.S. authorities released the MSC Gayane after the owner,...

Japan Has FATF Green Light to Create ‘SWIFT Network’ for Crypto: Report

18.7.2019
Japan is said to be leading the creation of an international cryptocurrency payments network similar to banking network SWIFT

Spain Thwarts Bitcoin ATM Scam, Prompting Regulatory Debate Worldwide

16.7.2019
Bitcoin ATMs are not currently governed by EU money laundering regulations, and arrests coordinated by Spanish police and Europol in May are bringing new focus to this loophole. A group of eight Spanish and Latin American individuals have been arrested, along with several of their associates,...

UK Announces ‘Dirty Money’ Crackdown, Including Tougher Crypto Regime

15.7.2019
The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets

Canada: Crypto Exchanges Must Register With Financial Watchdog Next June

11.7.2019
Crypto exchanges serving Canadian residents will be required to register with FinTRAC as of next June

Fed Chair Says Facebook Needs to Satisfy Regulatory Concerns Regarding Libra

10.7.2019
The chair of the Federal Reserve said Facebook needs to address a number of concerns thoroughly and carefully before it can move forward with Libra

Money Laundering Scandals Bring Court Charges and Record Job Cuts to Euro Banks

9.7.2019
The international financial establishment is known to express concern about the risks of money laundering when the crypto space is mentioned. A string of scandals indicates, however, that traditional banks are not only susceptible to the phenomenon but sometimes complicit, whether knowingly...

Dutch Ministers Call for Cryptocurrency, Cash Use Regulations

1.7.2019
Dutch ministers have proposed that the government regulate crypto and large cash transactions, citing concerns over money laundering

Flowery V20 Talk and Government Terror: Why Darknet Crime Is the Least of Our Worries

1.7.2019
Governments and central banking regulatory bodies continue to express concern about crypto being used for criminal purposes and terror. The terror campaigns of these very same governments continue unabated, however. In the wake of the V20 summit it might seem that lawmakers actually care about...

Indian Drama Of Decentralized Currencies – Should Cryptocurrency Be Legalised In India?

30.6.2019
Cryptocurrencies, though in existence for over a decade, still haven’t picked up in India. Despite a reasonably active community, government restrictions have prevented it from being the wonder which it could be. Authorities are against it, enthusiasts want it, but do we really need it? Is...

Ripple’s Newest Partnership Demonstrates Its Move For Anti-Money Laundering

28.6.2019
The crypto industry has always struggled when it comes to money laundering instances, including numerous threats and hacks taking place ever so often. Ripple seems to have taken a big move to avert such a scenario with its latest partnership with Coinfirm, which is a start-up in the regulation...

Enforcement of Updated Crypto Guidelines From FATF Has Far-Reaching Implications

25.6.2019
The FATF (Financial Action Task Force) has revealed updated guidelines that would require cryptocurrency and digital asset exchanges—and potentially independent business owners and crypto holders—to share sensitive customer information as VASPs (Virtual Asset Service Providers)...

Libra Will Allow People To Use Digital Cash, And Will Prevent Money Laundering, Says David Marcus

23.6.2019
Cryptocurrencies and blockchain are two very complicated and technical subjects which require an in-depth study and efforts to understand. This is what lacks among most regulators and critics of, which leads to various accusations resulting from unawareness. Facebook’s Vice President for Messaging...