Money Laundering

EU Won’t Let Stablecoins Enter Its Market Until Risks Are Addressed

No global stablecoin project will begin operation in the European Union (EU) until the associated risks to monetary sovereignty are…

China’s CBDC Showcases Interoperability As Centralization’s Weakness

The Asian continent and particularly China have been making news and inducing bull runs in the cryptocurrency world these past…

Court Backs Nordea Bank Bid to Block Staff From Trading Crypto

“We filed suit because of the principle that everyone obviously has a private life and the right to act as…

South Korea Progresses Bill to Provide Legal Foundation for Cryptocurrencies

South Korea’s National Assembly is progressing a bill that will provide a legal basis for cryptocurrencies in the country. The…

BitBay Crypto Exchange to Delist Monero Due to Money Laundering Concerns

Cryptocurrency exchange BitBay will delist privacy-centric cryptocurrency Monero (XMR) due to money laundering concerns. The exchange announced the decision on…

US Deputy Treasury Secretary: Crypto Raises Questions on Self-Government

The United States Deputy Treasury Secretary argued that decentralized privately-issued digital currencies can shift some functions from the state to…

OneCoin Co-Founder Pleads Guilty, Faces up to 90 Years in Jail

Konstantin Ignatov, co-founder of alleged crypto scam OneCoin, has pleaded guilty to participation in the multi-billion dollar fraud. According to…

Do Lawmakers Use AML as an Excuse to Centralize Crypto and Blockchain?

Cryptocurrencies came to life as a counterweight to the global financial restrictions that are powered by banks and regulators through…

Silk Road Seller Pleads Guilty to Money Laundering $19 Million With Bitcoin

A former narcotics trafficker pled guilty to charges that he laundered $19 million in profit through Silk Road. Prosecutors with…

North Korea Set Up a Blockchain Firm to Launder Cash: UN

North Korea has been using a Hong Kong-based blockchain company to launder money, according to a quarterly report from the…

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