EU Authority Expands AML Guidelines to Include Crypto-Asset Service Providers The European Banking Authority (EBA) has updated its anti-money laundering (AML) and counter-terrorist financing (CTF) guidelines…
EU Implements Stringent Regulations to Foster Crypto Acceptance The European Banking Authority (EBA) has introduced novel protocols to assimilate crypto firms into the European realm of…
South Korea Takes Steps to Regulate Crypto Mixers The Financial Intelligence Unit (FIU) of South Korea’s primary financial regulator, the Financial Services Commission, is taking action…
India Blocks Access to Foreign Crypto Platforms, App Ban Likely India has blocked access to the web platforms of foreign cryptocurrency exchanges and virtual digital asset…
Tornado Cash Laundered Over Half a Billion Worth of Crypto in 2023 Despite being hit with U.S. sanctions in late 2022, Tornado Cash, a notorious crypto…
Elizabeth Warren Criticizes SEC’s Approval of Bitcoin ETFs Senator Elizabeth Warren, D-Massachusetts, has criticized the Securities and Exchange Commission (SEC) for approving spot bitcoin exchange-traded funds…
Four Individuals Charged with Laundering Millions in Cryptocurrency Investment Scams The United States Justice Department (DOJ) has filed charges against four individuals for their alleged involvement…
Four US Residents Indicted for $80 Million Crypto Investment Scam Four individuals are facing potential jail time of up to 20 years after being indicted by…
A Spotlight on the ‘Pig Butchering’ Crypto Laundering Scheme A recent indictment by the Justice Department has brought attention to a sophisticated crypto laundering scheme known…
