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Nalezeno "Money laundering": 1357

With New Regulations, Europe’s Crypto Companies May Be Running Out of Options

13.1.2020
European crypto companies are finding themselves in a changing regulatory environment. The new realities they have to deal with stem from the fifth edition of the European Union’s anti-money laundering directive. AMLD5 introduces stricter customer due diligence requirements and some in...

EU Countries Commence Crypto Regulations as Mandated by New Directive

11.1.2020
The European Union’s 5th Anti-Money Laundering Directive mandates that member states start regulating crypto assets by Jan. 10. Crypto exchanges and custodial wallet providers are now covered by the same regulatory requirements as banks and other financial institutions. Also read: Regs...

What The 5th Anti-Money Laundering Directive Means For Crypto Businesses

10.1.2020
As 5AMLD comes into effect, cryptocurrency service providers are on the hook for new regulations

European Crypto Firms Brace for Higher Costs as AMLD5 Takes Effect

10.1.2020
A strict new regulatory regime is dawning upon European firms handling cryptocurrency. Here’s what AMLD5 will mean for the industry

Germans Rush to Buy Gold as Draft Bill Threatens to Restrict Purchases

27.12.2019
Reports have emerged depicting long lines in front of a physical gold sales location in Germany, in view of pending legislation which would once again lower the anonymous purchase limit, this time from €10,000 to €2,000. The last drop happened in 2017 when the limit was set...

Greek Court Suspends Decision to Extradite Alexander Vinnik

25.12.2019
The Supreme Administrative Court of Greece has suspended a decision to extradite the alleged BTC-e operator Alexander Vinnik. The temporary measure has been imposed to allow the review of an appeal against the extradition. The Russian national, accused of laundering billions of dollars through...

Greek Court Suspends Decision to Extradite Alleged Crypto Criminal

24.12.2019
A top Greek court has reportedly suspended the decision to extradite Alexander Vinnik, who is accused of laundering billions through crypto exchange BTC-e

Mnuchin Affirms $1.5 Trillion Unaccounted For, Still Demands Strict Bitcoin Regulation

23.12.2019
U.S. Treasury Secretary Steven Mnuchin remarked last week that a reported $1.5 trillion in missing cash — mostly one hundred dollar bills — was “sitting in bank vaults all over the world.” The famously anti-bitcoin U.S. official noted that “there’s a lot...

Russia Is Unhappy About Greece Extraditing Money Launderer Vinnik to France

20.12.2019
Russian Embassy is unhappy about Greece again ruling to extradite the alleged $4 billion Bitcoin launderer Alexander Vinnik to France

Russian Opposition Leader Navalny Raises $700,000 in Crypto Donations

19.12.2019
Alexei Navalny, Russia’s leading critic of the current Kremlin administration, has attracted a serious amount of cryptocurrency in the form of anonymous donations for his corruption-combatting NGO. The digital coins collected since the beginning of this year have amounted to well over...

Australia Probes Big Four Bank Accused of 23 Million Money Laundering Breaches

18.12.2019
With stricter new regulations on the horizon for the crypto space around the world, Australians have found that it’s actually their traditional financial institutions that have been breaching well-established anti-money laundering rules and other industry standards this year. Westpac, one...

Mining Pool Simplecoin and Interactive Faucet Chopcoin Shut Down Due to EU Regulations

17.12.2019
Like crypto payments provider Bottle Pay, mining pool Simplecoin and interactive bitcoin faucet Chopcoin are shutting down in light of restrictions imposed by EU anti-money laundering legislation, AMLD5. Simplecoin co-founder Marvin Janssen addressed Telegram users last month saying “We...

After BottlePay, Two More Crypto Firms Shut Down Due to Upcoming EU Rules

16.12.2019
Two EU-based crypto firms are shutting down because of the upcoming EU Anti-Money Laundering rules

Bitcoin App Bottle Pay Shuts Down Over Impending EU Money-Laundering Laws

13.12.2019
Bottle Pay is shutting down, citing the EU's new AML rules, which could compel crypto wallet providers to collect KYC info from users starting next month

Blockchain Makes Money Laundering Risks Greater, Says Swiss Regulator

11.12.2019
The Swiss Financial Market Supervisory Authority warned that blockchain exacerbates the country’s money laundering risks

Accused Onecoin Co-Conspirators Fight Criminal Charges in the US

10.12.2019
The Onecoin scam, a multi-level Ponzi scheme that acquired $4 billion from investors has been falling apart at the seams. Criminal proceedings have started against Onecoin leaders and one alleged associate who was found guilty of laundering $400 million has asked a New York judge for more time...