Money Laundering

Crime

Why Bitcoin’s Bad Reputation is in the Eye of the Beholder

In this opinion piece, a bitcoin industry founder seeks to unpack the digital currency's lingering reputation issues.

Policy & regulation  ·  28 March 2016
UK

UK Treasury: Digital Currencies Pose Lowest Money Laundering Risk

Digital currencies were deemed a “low” risk for money laundering and terrorism financing in a report published last month by the UK government.

Policy & regulation  ·  18 November 2015
Money Laundering

Police Return Funds Seized from Bitcoin Trader

A Scottish bitcoin trader had thousands of pounds returned to him after they were seized by police during a money laundering investigation in May.

Markets  ·  3 August 2015
Exchanges

FATF: Regulate Virtual Currency Exchanges to Counter Crime Risks

Digital currency exchanges and gateways need to be tightly regulated to prevent money laundering and terrorism financing, says the latest FATF report.

Policy & regulation  ·  26 June 2015
Crime

Europol Report Connects Anonymous Digital Currencies to Dark Net Crime

A new report by Europol examines the role of bitcoin in money laundering schemes and dark net organised crime.

Policy & regulation  ·  30 September 2014
Regulation

Italian Authorities Issue Bitcoin Warnings, Urge Regulation

Three Italian institutions have issued new warnings on bitcoin, calling for legislation to eliminate regulatory ambiguity and illicit use.

Policy & regulation  ·  11 July 2014
Regulation

Bank of Russia: Bitcoin Should Not Be Rejected

The Bank of Russia issued new statements suggesting it is still evaluating its treatment of bitcoin and digital currencies.

Policy & regulation  ·  2 July 2014
Privacy

The Bitcoin Word Game

How specific words and phrases are being crafted in an attempt to shape the public's perception of bitcoin.

Markets  ·  18 April 2014
Regulation

Why Know-Your-Customer Rules Won’t Work With Bitcoin

Know Your Customer rules exemplify why moulding bitcoin into the current regulatory framework won't work, argues Ariel Deschapell.

Policy & regulation  ·  13 April 2014
IRS

Lawyers Want Bitcoin Money Laundering Charges Dropped on Technicality

Lawyers representing two Florida men charged with bitcoin-related money laundering want to have the charges dropped on a technicality.

Policy & regulation  ·  10 April 2014
Europe

Bulgarian Bitcoin Tax Guidance May Leave Money-Laundering Loophole

Bulgaria has announced it will tax digital currencies as income, but some have concerns over documentation requirements.

Policy & regulation  ·  3 April 2014
Regulation

Will Florida’s Money Laundering Laws Apply to Bitcoin?

Lawyers of two men arrested for bitcoin transactions claim state legislation only applies to fiat, but are they right?

Policy & regulation  ·  2 March 2014
Crime

Australian Government Tracks All Bitcoin to AUD Conversions

The Australian government is keeping a close eye on bitcoin – tracking every BTC to AUD conversion, and vice-versa.

Policy & regulation  ·  24 February 2014
Regulation

Italian Amendment Would Treat Bitcoin Like Cash

The amendment would track bitcoin transactions exceeding €1,000 to abide by the nation’s anti-money laundering laws.

Policy & regulation  ·  18 January 2014
Money Laundering

Malware gang steals $1.4 Million and sets up bitcoin exchange to launder it

Four men used malware to steal from 150 bank accounts and created a bitcoin exchange to launder the loot.

Markets  ·  30 October 2013