laundering
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Cryptocurrency
OneCoin co-founder pleads guilty on fraud, money laundering charges
OneCoin founder Karl Sebastian Greenwood has been found guilty of multiple charges. statement From the U.S. Department of Justice, Dec.…
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Cryptocurrency
South Korea’s financial watchdog to monitor crypto whales on adherence to anti-money laundering laws
South Korea’s financial regulator, the Financial Services Commission (FSC), has raised concerns about the high risks associated with money laundering…
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Cryptocurrency
Japan to tighten laws to prevent money laundering via crypto by May 2023
According to Nikkei Asia, the Japanese government plans to introduce cryptocurrency remittance rules in May 2023 to track remittances by…
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Cryptocurrency
Australia creates special crypto police unit to crack down on money laundering
Australia’s federal police have set up a new cryptocurrency unit to crack down on money laundering amid rising cryptocurrency-related crime.…
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Cryptocurrency
UAE introduces new reporting requirements to counter crypto real estate money laundering
The United Arab Emirates introduced new reporting requirements for real estate transactions involving digital assets in an August 8 statement.…
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Cryptocurrency
India freezes 64.67 crore ($8.1M) of WazirX’s funds for money laundering probe
The Indian Enforcement Department (ED) IndiaToday has ordered the freezing of WazirX bank accounts worth 64.67 billion rupees (approximately $8.1…
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Cryptocurrency
Binance-owned WazirX under investigation in India over alleged money laundering
The Indian Enforcement Department is investigating WazirX to determine whether it facilitated money laundering of INR 279 billion (over $350…
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