After an operation by American undercover agents, a 26-year-old man was taken into custody for the sale of untraceable bitcoins.
Between April and December 2018, two members of the National Security Investigation team held meetings with Kenneth Warren Rhule in a Starbucks with the intention of…
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money laundering
South Korea will regulate cryptocurrencies
It was learned this Friday that the National Assembly of South Korea approved an amendment that will allow cryptocurrencies to be regulated.
This amendment is intended to modify the current Law on reporting and the use of financial…
Israeli banks should not deny their services to crypto companies
According to the statements offered by the Attorney General of Israel, Avichai Mandelblit, to the Tel Aviv District Court, credit institutions in the region should not deny their services to companies that are related to cryptocurrencies.…
Digital currencies will not be the responsibility of the State in Ukraine
Ukrainian authorities claimed that the crypts available in the territory are not the responsibility of the Government. Despite their participation in the development of the country's economy they are far from being considered a financial…
Finnish financial authorities approve first broker for cryptos Prasos
The first broker registered in Europe will serve as a Cryptocurrency Operator and Payment Institutions, according to the publication made by the Finnish Financial Supervision Authority (FIN-FSA) who ensures that the registration corresponds…
More than 200 people arrested for money laundering
According to the European agency Europol, police from at least 30 countries arrested more than 200 people for money laundering which affected 3,800 victims online who innocently served as "financial mules".
The investigations went depth on…
President of Crypto Capital arrested in Poland
The Polish authorities reported the arrest in their territory of the president of Crypto Capital for alleged crime of money laundering. The sum of 350 million dollars, allegedly belonging to the subsidiary of the company Crypto SP. ZOO.…
Japan says donations in cryptocurrencies to politicians are legal
Cryptocurrency donations to political parties have received approval from Japan's Minister of Internal Affairs and Communications, Sanae Takaichi, who announced that these donations do not need to be disclosed under the Political Funds…
EU withdraws Arab Emirates and Marshall Islands from tax havens list
The Economy and Finance Ministers of the European Union (Ecofin) removed the United Arab Emirates and the Marshall Islands from their black list of tax havens, as well as Switzerland, Serbia, Albania, Costa Rica and Mauritius from the gray…
Australia orders audit of PayPal to ensure law compliance
The Australian Center for Transaction Analysis and Reporting (Austrac) will conduct an audit of the PayPal payment company to determine if it complies with all regulations set forth in the legislation against money laundering and terrorism…
Chainalysis launches alerts for suspicious transactions with cryptocurrencies
In a recent article on its official blog, the blockchain analysis company Chainalysis announced the launch of alerts for cryptocurrency transactions that are suspicious.
According to Chainalysis, alerts - in categories such as serious,…
G7 focuses on the risks of cryptocurrency such as Libra
Stable cryptocurrencies, such as Libra - Facebook's digital currency - can boost financial inclusion and lower costs, but also boost "serious risks." So they must follow the highest regulatory standards to prevent them from being used to…