2024-2-18 00:34 |
2023 sees a notable decrease in crypto sent to laundering services, with a pivot to YoMix by Lazarus Group. origin »
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Speaking with crypto.news, James Toledano, Chief Operating Officer at Savl, delved into money laundering and how tainted assets are putting crypto users at risk. Cryptocurrencies are increasingly becoming a tool that is being exploited for money laundering. The anonymity and…
2024-7-1 12:42 | |
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US Senator Elizabeth Warren said any new crypto regulation, including the newly proposed regulatory framework for the stablecoin market, must include the full suite of anti-money laundering authorities that the Treasury Department requested in November 2023.
2024-4-18 16:30 | |
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How Does Laundering Money Via Bitcoin Work? We hear about crypto exchanges being pressured to implement things like KYC (Know Your Customer) and AML (Anti-Money Laundering) all the time, which means that cryptocurrencies can likely be used for such illicit activities.
2018-11-28 00:16 | |
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Mexican startup Airtm will launch a campaign to raise donations for Venezuelans, a country whose poor monetary policies have plagued it with hyperinflation. Called the AirdropVenezuela.
2018-11-28 19:29 | |
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Alexander Vinnik, the suspected operator of the infamous BTC-e exchange, plans to start a hunger strike on Monday, days before his next court hearing. The Russian, who has been accused by U. S. authorities of laundering billions of dollars through the now-defunct crypto trading platform, fears he is not going to receive a fair trial.
2018-11-26 01:20 | |
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The House Financial Committee has proposed several measures, including oversight of virtual currency exchanges and wallets.
2018-11-16 15:13 | |
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Crypto wallet users in Japan may have to reveal their identities as the country’s top financial watchdog prepares a law for it. The Financial Services Agency (FSA) on Monday revealed its plan to regulate cryptocurrency wallet providers, ItMedia reported.
2018-11-16 15:11 | |
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On November 12, 2018, The infamous Thai siblings accused of duping a Finnish man for bitcoin worth $24 million have pleaded not guilty in court over money laundering charges. The siblings were first arrested in August this year for engineering a cryptocurrency scam.
2018-11-14 04:00 | |
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Three Directors Of Zambia’s Heritage Coin Resources Limited Accused Of Laundering $2. 4 Million Arrested Zambia’s Drug Enforcement Commission (DEC) has apprehended three directors of the Heritage Coin Resources Limited in an alleged offence of laundering more than k28,000,000, which is approximately $2.
2018-11-12 20:42 | |
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Thailand’s Prime Minister Wissanu highlights the need to combat terrorist financing and money laundering through tighter crypto regulations.
2018-11-9 23:32 | |
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As Representative Brad Sherman of California has helpfully pointed out, cryptocurrency is rat poison and only good for drugs and money laundering. Well, it might be okay if you live in Venezuela or Zimbabwe, or some other military regime where armed potentates have made honest markets impossible.
2018-11-7 19:28 | |
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Brazil’s tax regulator, the Department of Federal Revenue, is requiring local cryptocurrency exchanges to report their operations on a monthly basis in order to verify tax compliance and improve the country’s fight against money laundering and corruption.
2018-11-4 00:30 | |
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Decentralized Exchange, IDEX Finally Implements KYC/AML Policies According to a recent IDEX Medium post, it has been revealed that the first ever Ethereum-based, decentralized exchange will be implementing the Know-Your-Customer (KYC) and Anti-Money Laundering (AML) Policies.
2018-11-3 01:12 | |
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Taiwan Legislature Places New Requirements For Cryptocurrency Exchanges A new Taiwan law has been passed to amend existing anti-money laundering (AML) and counter-terrorism financing (CFT) laws to require crypto exchanges to give some information to the government and change their compliance rules.
2018-11-3 00:12 | |
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A South Korean district court has ruled that Nonghyup Bank, a major bank in the country, cannot block transactions to the account of cryptocurrency exchange Coinis based solely on the government’s anti-money laundering guidelines.
2018-11-1 08:35 | |
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Binance has frozen multiple accounts associated with the cryptocurrency exchange Wex, citing money laundering concerns. The CEO of Binance went on Twitter recently to announce the freezing of multiple accounts owned by Wex, claiming that Binance will cooperate with law enforcement in any way possible should a criminal investigation result from alleged money laundering.
2018-11-1 01:47 | |
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Russia Tells Financial Action Task Force To Control Crypto Circulation The Financial Action Task Force is a Paris-based intergovernmental organization that was created in 1989 with the goal of helping in the development of standards that will help in the fight of money laundering around the world. Now, a regulator from the Russian government has […]
2018-10-30 03:57 | |
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A report has warned U. K. MPs to thread carefully when creating regulations to govern the nation’s digital currency sector. The document is in response to plans made by MPs to place the U.
2018-10-30 00:00 | |
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The dark net, assassination markets, money laundering. Cryptocurrency and blockchain can sound like a dodgy place sometimes, at least we can trust the news outlets that report on them though… right? Wrong.
2018-10-26 13:37 | |
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Japan’s Financial Services Agency (FSA) has granted self-regulatory status to the country's cryptocurrency industry, giving the Japan Virtual Currency Exchange Association (JVCEA) authority to oversee the space, according to a Reuters report.
2018-10-25 21:29 | |
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Apparently, crypto markets have been squirmy since the last few days as global positions against this virtual asset were drawn lower in-line with smaller assets like Ripple, EOS and Ethereum. The reason for the down-sizing in value of Bitcoin is old tormentors at play again, Money laundering and Hacking, plaguing and dissuading traders of these […] The post Crypto Markets Looking Squirmy As Bitcoin Traders ponder On What’s Next for the Currency appeared first on ZyCrypto.
2018-10-23 12:48 | |
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The global entity responsible for setting international money laundering guidelines is finally ready to lay the foundation for its first crypto-specific set of rules by June 2018. FATF Readies Global Crypto Regulation on Money Laundering Paris, France-based money laundering watchdog, Financial Action Task Force (FATF), has seen increasing pressure from global governments to unify regulation.
2018-10-20 00:15 | |
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There is no greater irony than a bank which banned its employees from buying Bitcoin getting nailed for money laundering. Finance industry regulators in Sweden have received a report which alleges that Finland based Nordea Bank could be embroiled in a money laundering scandal.
2018-10-19 07:31 | |
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Гонконгская криптовалютная биржа Binance внедрила программное обеспечение для борьбы с отмыванием денег. Компания установила софт Chainalysis KYT, разработанный блокчейн-стартапом Chainalysis. We look forward to collaborating with the @chainalysis team to combat global money laundering in #crypto.
2018-10-18 11:28 | |
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Chainalysis, a leader in cryptocurrency compliance and investigation solutions, announced in a press release on Oct. 17 that it has completed the development of its compliance solution in collaboration with Binance.
2018-10-18 17:39 | |
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The $34 million Bitcoin scam has its prime suspect named Prinya Jaravijit who was arrested in Thailand after returning to the country. Jaravijit is allegedly part of a scam which saw a man from Finland, Aarini Otava Saarimaa scammed out of over 5,500 Bitcoins, this would be worth around $34 million in today’s market.
2018-10-17 12:00 | |
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The Bank of Zambia has started to clamp down on cryptocurrency-related businesses, mere days after declaring that it does not view digital coins such as BTC as legal tender. The crackdown began on Oct.
2018-10-16 23:30 | |
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Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities.
2018-10-15 18:00 | |
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Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018.
2018-10-13 23:34 | |
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Cryptocurrency money laundering laws are proving to be effective as criminals are using only unregulated exchanges to siphon their money off. The CipherTrace Third Quarter Report shows that there is $927 million worth of stolen digital currencies waiting to be laundered in 2018.
2018-10-12 15:49 | |
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A report released by cybersecurity company CipherTrace on Oct. 9th revealed that cryptocurrency theft via hacking attacks on exchanges and trading platforms was up 250 percent since 2017, totaling $927M in the first nine months of 2018.
2018-10-11 10:00 | |
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Taiwanese congressman Jason Hsu has proposed an amendment to the nation's money laundering laws to include cryptocurrencies.
2018-10-9 20:45 | |
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The Financial Supervisory Authority of Norway is enforcing new money laundering regulations that apply to crypto exchange and storage providers in the country. The law will go into effect on Oct.
2018-10-7 21:55 | |
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Shapeshift accused of money laundering $9 million, Pornhub announces limp take-up on crypto payments, Tether loses yet another bank, Binance pumps $2.5 million into Australian startup.
2018-10-5 12:12 | |
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Nordea, the largest bank in the Nordic region, is reportedly suspected of being part of a major international money laundering scandal. The scheme allegedly involved a Russian client and took place over multiple years at an international branch of the bank that is now closed.
2018-10-5 09:40 | |
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On September 23, 2018, the Bitcoin Foundation sent a letter to the French Parliament asking that they reject a new crypto asset amendment being proposed in the PACTE Bill, which deals with the growth and transformation of France’s businesses and the country’s employee savings.
2018-10-4 22:10 | |
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One of the impacts of the rapid, global advancement of digital asset markets has been seasons of volatility and turbulence. This creates a challenging environment for even the most astute investors in terms of managing cryptocurrency portfolios and investment strategies.
2018-10-3 17:37 | |
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The Monero Malware Response Workgroup Critics often express their displeasure for the crypto industry by pointing out that this up and coming technology, specifically privacy coins like Monero, enables and aids illicit acts, like ransomware, cryptojacking, and money laundering.
2018-10-2 03:47 | |
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ShapeShift CEO Erik Voorhees condemned a Wall Street Journal investigation claiming the exchange laundered money as being "inaccurate."
2018-10-2 01:10 | |
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Local Crypto Hacks Spark Action Over the relatively short course of the history of cryptocurrencies and blockchain technologies, Japan-based crypto exchanges have been rather susceptible to hacks in comparison to their European and American counterparts.
2018-10-1 22:43 | |
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Wallet provider Blockchain. com has created an OTC trading desk as part of its efforts to cater to institutional investors. Also in The Daily this Sunday, Shapeshift launches the redesigned Coincap tracker, Kraken lists Cardano and Qtum, and Compound offers its users the option to short cryptocurrencies.
2018-10-1 15:45 | |
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Welcome to another weekend filled with tales of cryptocurrency intrigue. From shameless Bitcoin anniversary cash-ins to exaggerated claims of crypto money laundering, the Saturday edition of The Daily covers the good, the bad, and the greedy.
2018-9-29 15:05 | |
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Earlier this month, Danske Bank, the biggest bank in Denmark, faced its largest scandal to date for laundering more than $230 billion. Despite the billions of dollars banks launder on a daily basis, critics are still focused on crypto exchanges.
2018-9-29 10:00 | |
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An investigative report has been published regarding the popular crypto exchange ShapeShift AG, a firm that is registered in Switzerland. Money laundering is the problem at hand, and the report highlights a potentially worrying theme: that ShapeShift enables anonymous users to convert Bitcoin–which authorities can’t track–into other digital currencies that allow for much more anonymity.
2018-9-29 09:02 | |
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Cryptocurrency, Exchanges–A recent investigation published by The Wall Street Journal on Friday reports finding close to $100 million in illicit funds being funneled through cryptocurrency via crypto exchanges.
2018-9-29 05:02 | |
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Modulus, a US-based developer of trading and surveillance technology which powers global equities, derivatives and cryptocurrency exchanges, today announced CipherTrace as its newest technology partner.
2018-9-28 17:54 | |
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Ever heard of the term crypto laundering? North Korea (DPRK) is trading, laundering and mining cryptocurrencies such as Bitcoin (BTC) and possibly Monero (XMR) in order to evade U. S. sanctions, intelligence experts tell Asia Times.
2018-9-28 16:30 | |
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Wars have been started and peace agreements signed, all over money-either a lack of it or the desire to control what’s valuable. Now, many people, including government leaders, understand that Bitcoin and cryptocurrency are valuable, and they know this new kind of money isn’t going away.
2018-9-27 21:30 | |
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Cybersecurity and anti-money laundering experts believe that North Korea could be using cryptocurrencies to acquire USD. The country is likely developing its own cryptocurrency and private blockchain.
2018-9-27 12:00 | |
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Loaded Lions crypto has continued its upward trend for the seventh day as the project teased a major announcement set to be revealed this week. Loaded Lions (LION) surged 35.3% over the past day, reaching an intraday high of $0.0081…
After the recent ETH liquidation event, which caused $4 million loss to Hyperliquid’s Hyperliquidity Provider vault, the platform said it will increase the maximum leverage allowed for Bitcoin and Ethereum trading to prevent similar incidents in the future. In the…
REZ crypto surged by as high as 60% after being listed on Coinbase. What is REZ, and is it headed towards more potential gains? According to data from CoinGecko, Renzo (REZ) rallied to an intraday high of $0.032, over 145%…
Crypto exchange Crypto.com’s market data will soon be integrated into real-time indices and reference rates for Bitcoin and Ethereum markets. This comes as CF Benchmarks, a crypto indices provider regulated by the United Kingdom’s Financial Conduct Authority, has added Crypto.com…
Best crypto trading bots are programs designed to consistently monitor market changes and help traders buy and sell coins automatically. To decide the best ones, we’ve reviewed over 37 automated The post 10 Best Trading Bots to Trade Bitcoin (BTC) and Crypto in 2025 appeared first on CryptoNinjas.
Former Binance CEO Changpeng ‘CZ’ Zhao and co-founder Yi He denies circulating rumors that Binance will be sold to another company, stating that they were made up by competitors. In a recent post, Yi addressed rumors in the crypto community…
IP crypto surged by as much as 81.4% in the past 24 hours of trading after the project secured listings on multiple exchanges following its Layer-1 mainnet launch. According to data from CoinGecko, Story’s token rose to an intraday high…