Eight People Allegedly Arrested for Money Laundering Scheme Involving Crypto in Spain
Spanish law enforcement arrested eight people for allegedly operating a money laundering scheme involving cryptocurrencies Go to Source Powered by WPeMatico
Money Laundering
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Nobel Prize Economist Joseph Stiglitz: ‘I Actually Think We Should Shut Down Crypto’
76-years old Nobel Prize winner Joseph Stiglitz again says that cryptocurrencies should be shut down due to a lack of transparency Go to Source Powered by WPeMatico
US: Two Men Plead Guilty to Selling Drugs for Crypto and Laundering $2.8 Million
Two men accused of illicitly selling steroids and controlled substances and laundering millions of dollars have pleaded guilty in New York Go to Source Powered by WPeMatico
Chilean Government Introduces New Cryptocurrency and Fintech Regulation Bill to Congress
Chilean Minister of Finance Felipe Larraín announced the introduction to Congress of a bill regulating cryptocurrencies and fintech Go to Source Powered by WPeMatico
G20 Prepares to Regulate Crypto Assets – a Look at Current Policies
Following their joint declaration committing to regulate crypto assets, the G20 countries are now preparing to set crypto policies at the upcoming summit. Several international organizations have contributed resources and are actively working to help shape the regulations. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request G20 Prepares to Discuss Crypto Policies … Read more
Danish Man Faces Over 4 Years in Prison for Laundering $450K With Bitcoin
A 33-year old Danish man has been sentenced to four years and three months in jail for laundering over $450,000 in Bitcoin Go to Source Powered by WPeMatico
Lithuanian Finance Ministry to Introduce Legal Amendments for Crypto-Related Firms
Lithuania’s finance ministry plans to release legal amendments for operating crypto-related businesses in the country Go to Source Powered by WPeMatico
G20 to Establish Crypto AML and Counter-Terrorism Financing Regulations in June: Report
Anti-money laundering cryptocurrency regulation will be discussed by G20 member countries June 8-9 in Fukuoka, Japan, a recent report claims Go to Source Powered by WPeMatico
WSJ Claim of $9 Mln Laundered Via Shapeshift Based on Flawed Investigation, Analysts Say
Analysts have accused the Wall Street Journal of using flawed investigative methods and grossly overestimating the extent of alleged laundering via crypto exchange ShapeShift Go to Source Powered by WPeMatico
Growth of Crypto Industry Could Threaten Banks, Financial Stability: Basel Committee
BIS-backed global banking authority the Basel Committee has issued a sceptical statement on crypto assets, saying they’re “unsafe to rely on” as money Go to Source Powered by WPeMatico