AUSTRAC releases 2 new guides to help spot illicit crypto use
Australian financial compliance enforcement agency AUSTRAC has released two new guides to help entities to spot when customers are using...
Illicit
India’s Finance Minister says crypto could be used for illicit activities
India’s Minister of Finance, Nirmala Sitharaman, believes crypto can help facilitate terrorist financing and money laundering. She said this during...
Feds seize $34 million of illicit bitcoin linked to ‘Dark Web’
Bitcoin is a digital currency, store of value, and new technology for transferring assets. Federal authorities in South Florida routinely...
U.S. Treasury: Bitcoin Not Illicit
It’s time to take “illicit activity” off the FUD dice. Earlier this month, the U.S. Department of the Treasury published...
The Crypto Crime Series: Illicit activity represents only 0.15% of the market
According to the latest report from Chainalysis, total transaction volume grew to $15.8 trillion last year, up 567% from 2020’s...
Belarus to Create a Crypto Wallet Registry To Prevent Illicit Activities
As the political situation in Belarus evolves, the country’s government has sought to take full advantage of cryptocurrencies. This could...
High Risk of Illicit Transactions Via Estonia, Reports Crypto Regulator
The risk of illicit transactions passing through cryptocurrency companies based in Estonia is high, according to the country’s crypto regulator....
