Binance Korea has announced that it will launch real-time AML monitoring, aiming to track the activity on its platform looking for signs of money laundering thanks to a solution developed by Coinfirm.
According to the Cointelegraph source, Coinfirm, who provides a blockchain-independent AML…
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corruption
Colombia seeks to fight corruption with blockchain
In recent years, the Colombian government has become a faithful believer in the use of blockchain technology to combat corruption within official institutions.
However, in the last few hours authorities have been talking about the current…
Corruption in Germany descended during 2018
The number of corruption cases registered in Germany decreased in 2018, according to data released today by the Federal Office of Criminal Investigation (BKA).
Last year, police accounted for about 3,800 cases, a fifth less than in 2017,…
Cristina Kirchner will face new trial for corruption
Former Argentine President Cristina Fernández de Kirchner will have to sit again on the bench of the defendants, this time for the case known as 'the notebooks of the coimas', in which a network of bribes in exchange for public contracts is…
Deutsche Bank to pay fine to SEC to solve corruption investigation
Deutsche Bank agreed with the United States Securities and Exchange Commission (SEC) the payment of $ 16.2 million to resolve an investigation into the alleged violation of US corruption laws in the hiring of relatives of foreign government…
Walmart to pay US$ 282 millions to settle corruption demand
The United States has imposed a fine of 282 million dollars to the Walmart department store chain for failing to adequately address the corruption problems of its subsidiaries in international markets.
Specifically, the US Securities and…
Former president of UEFA arrested in Paris
Former UEFA president, Michel Platini, has been arrested on Tuesday in Nanterre, a French town bordering Paris, in an investigation for alleged corruption in the award of Qatar 2022 World Cup.
Platini, 63, was president of UEFA since 2007…
Corruption scandal regarding aid from Venezuela to Haiti
The judges and the various investigations found that in 2014 the State ordered the rehabilitation of the same sections of a route to two different companies, Argitrans and Betexs, an d which had the same tax number and the same technical…
Rakuten and CipherTrace sharpen mechanisms against money laundering
The retail company Rakuten, made an alliance with the blockchain analysis firm CipherTrace in order to comply with the regulations and rules established in the sector.
The objective is for Rakuten Wallet to be able to operate with users…
Ollanta Humala accused of money laundering by Odebrecht case
Prosecutor Germán Juárez Atocha, a member of the Peruvian Prosecutor's Office team that investigates the case, indicated that they have filed a formal accusation for money laundering in the Odebrecht case against former President Ollanta…
Authorities abandon AI’s anti-corruption system for its extreme efficiency
The artificial intelligence-based program aimed at policing the Chinese authorities, Zero Trust was abandoned for its "extreme efficiency".
This was indicated by the South China Morning Post, where they detailed that the tool created in…
Tymoshenko calls for combating corruption with blockchain technology
Former Ukrainian Prime Minister Yulia Tymoshenko recently said that the best way to fight corruption is through blockchain technology.
This was indicated by Tymoshenko during the International Day against Corruption, adding that today's…