Money Laundering

Regulation

Taiwan Eyes November Deadline for Bitcoin AML Regulation

Taiwan will formally regulate bitcoin under anti-money laundering rules by the end of the year, says its minister of justice.

Policy & regulation  ·  20 April 2018
Regulation

Taiwan Moves to Capture Bitcoin Under Money Laundering Laws

The government of Taiwan has moved a step closer to regulating bitcoin under existing anti-money laundering (AML) rules.

Policy & regulation  ·  11 April 2018
Money Laundering

Europol Nabs 11 in Crypto Drug Money Laundering Case

Europol has shut down an alleged drug trafficking operation that used cryptocurrencies to launder money from Spain to Colombia.

Markets  ·  10 April 2018
Regulation

Taiwan Central Bank Proposes Money Laundering Rules for Bitcoin

The Central Bank of Taiwan is eyeing new rules that would bring bitcoin under the island's existing anti-money laundering regulations.

Policy & regulation  ·  2 April 2018
Crime

Arizona Bitcoin Trader Convicted for Crypto Money Laundering

An Arizonan bitcoin trader has been convicted for using the cryptocurrency to launder the proceeds of drug deals. 

Policy & regulation  ·  30 March 2018
Exchanges

Korean Regulators to Probe Bank AML Measures for Crypto Exchanges

Two South Korean regulators are reportedly launching an investigation of banks' implementation of anti-money laundering procedures for exchanges.

Policy & regulation  ·  22 March 2018
Bitcoin

Brazilian Officials Caught Using Bitcoin in $22 Million Scam

Corrupt Brazilian officials have been caught allegedly using bitcoin to divert millions in public funds that were intended for prison supplies.

Policy & regulation  ·  14 March 2018
Europe

IMF’s Lagarde: Track Cryptos with Blockchain to ‘Fight Fire with Fire’

IMF head Christine Lagarde has argued that regulators could use blockchain technology itself to regulate cryptocurrencies

Policy & regulation  ·  13 March 2018
Japan

Japan to Call for G20 Action on Crypto Money Laundering

Japan is reportedly planning to use the G20 meeting next week to call for combined efforts to combat cryptocurrency use in money laundering.

Policy & regulation  ·  13 March 2018
Bitcoin

Ex-IMF Economist: Bitcoin Could Drop to $100 in the Next Decade

Economist Kenneth Rogoff said Tuesday that he expects bitcoin's price will decrease by 2028.

Policy & regulation  ·  7 March 2018
Europe

UK Central Bank to Clamp Down on Crypto Money Laundering

The head of the Bank of England has said that the institution will step up its efforts to combat cryptocurrency money laundering.

Policy & regulation  ·  2 March 2018
Regulation

Global AML Watchdog to Step Up Crypto Money Laundering Scrutiny

The international Financial Action Task Force has said it will step up its efforts in monitoring the use of cryptocurrencies in money laundering.

Policy & regulation  ·  26 February 2018
Europe

Austria Planning New Regulations for Cryptocurrency, ICOs

Austria is drawing up cryptocurrency regulations, using as a model existing rules for the trading of gold and derivatives.

Policy & regulation  ·  23 February 2018
Regulation

Crypto Regulation? Not Anytime Soon, Says White House Official

The White House cybersecurity coordinator said crypto regulation is still far from becoming a reality.

Policy & regulation  ·  16 February 2018
Exchanges

US Treasury Official Calls for Global Crypto Regulation

The Treasury undersecretary has called for other nations to regulate cryptocurrencies to help protect the financial system and national security.

Policy & regulation  ·  14 February 2018