All by tag: AML

The decision to create checking accounts comes amid growing tensions between crypto firms and regulators

Authorities discovered that the group used digital currencies to circumvent financial regulations

The risks of receiving fines could also turn financial institutions away from the idea of issuing stablecoins

Anonymous has repeatedly assisted law enforcement to seize tens of millions of dollars worth of stolen digital assets

At the same time, the share of illegal digital assets in the total market volume dropped to a three-year low

The European Union’s Markets in Crypto-Assets law introduces new requirements for issuers of stablecoins

Stablecoins from issuer Circle will not be affected by the changes

Following monitoring, the group reported that money laundering is taking place in multi-layered schemes involving drops

Executives of foreign virtual asset service providers can receive jail terms and fines for violations

Crypto mixer smart contracts do not have an administrator key, so no one can control them, and they are not considered proprietary

The exchange allegedly allowed users who provided inappropriate-quality ID pictures to trade

In a January report, the organization already mentioned the use of USDT for money laundering in Southeast Asia