Category Archive For "AML"
Chainalysis: Binance and Huobi together received over 52% of total $2.8 billion worth of Bitcoin sent from criminal sources in 2019
U.S. Congress should not discount the future role of cryptocurrencies in funding acts of domestic extremism, the House Financial Services Committee warns
Privacy coins have earned a certain stigma due to the anonymity they provide, but what were these cryptocurrencies truly used for in 2019?
“The lack of a groundbreaking project that would have opened the eyes of skeptics is most disappointing.” Experts weigh up unfulfilled promises of 2019.
According to CipherTrace, major U.S. banks unwittingly process billions of dollars from crypto-related business because they are ill-equipped to identify virtual asset service providers
Blockchain intelligence firm Chainalysis will provide crypto exchange Bitfinex with tools to monitor and combat suspected financial crime
FinCEN’s director says increased adoption of reporting guidelines for crypto businesses has led to an uptick in the number of suspicious activity reports filed
According to CipherTrace’s latest report, the total volume of crypto-related fraud and theft resulted in losses worth $4.4 billion in 2019
The national policy committee of the South Korean National Assembly has approved a bill that would provide a legal basis for cryptocurrencies in the country
BitBay will drop support for the privacy-centric cryptocurrency Monero in 2020 in order to stay in line with industry Anti-Money Laundering standards
Digital currencies can shift some functions usually performed by the government to the private sector, the U.S. Deputy Treasury Secretary argued