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Deribit Releases Specifics of New KYC Policy Following Move to Panama
21.1.2020
Deribit clarifies new requirements for customer information to take effect following move to Panama, itself an effort to avoid new E.U. AML regulation
Vinnik’s Children File a Complaint About Rights Violation to Greek Court
20.1.2020
The lawyers of alleged $4 billion Bitcoin launderer Alexander Vinnik file a complaint alleging violation of Vinnik’s rights on behalf of his children
Crypto Fights for Freedom in India’s Supreme Court, Critics Cite Risk
19.1.2020
Indian judges presiding over the RBI v. Crypto case have repeatedly showcased their willingness to learn about digital currencies and blockchain-based tech
Research: Binance and Huobi Received Over 52% of Total $2.8B Illicit BTC in 2019
16.1.2020
Chainalysis: Binance and Huobi together received over 52% of total $2.8 billion worth of Bitcoin sent from criminal sources in 2019
Unnecessary Evil: How Government Regulations Kill Crypto Startups and Encourage Crime
16.1.2020
Thanks to the EU’s most recent money laundering directive, a small business called Post-a-coin, which sold cute postcards pre-loaded with tiny amounts of bitcoin, is being forced to shut down. Meanwhile, the most heinous criminals in history are continuing to facilitate violence, trafficking...
US Congress Looks at Role of Crypto and Internet in Funding Hate Crimes
15.1.2020
U.S. Congress should not discount the future role of cryptocurrencies in funding acts of domestic extremism, the House Financial Services Committee warns
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...
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...
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
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...
JPMorgan Blockchain Payments Network Eyes January Japan Launch
10.12.2019
JPMorgan's Interbank Information Network will expand to Japan early next year, according to its executive director
No More Bitcoin for Nordea Bank Employees, Experts Question the Motive
9.12.2019
Lay attorneys are puzzled by Nordea’s BTC ban: “They are within their rights, but to prohibit every single employee from trading cryptocurrencies [...] seems weird.”