Crypto Reckoning? US Banks Urge Stricter AML And Sanctions Rules–Industry Pushes Back
A renewed push to tighten anti–money laundering (AML) and sanctions requirements in the United States has sparked a fresh debate ...
Tag: illicit activity
US Treasury Calls For Public Input To Combat Crypto Crime Under New GENIUS Act
The US Treasury Department has launched a request for public comments aimed at combating illicit activities associated with dollar-pegged cryptocurrencies, ...
2025 On Track To Be Record-Breaking Year For Cryptocurrency Theft
A recent report from blockchain data and analytics firm Chainalysis reveals a staggering rise in cryptocurrency thefts, with over $2.17 ...
Global Watchdog Reveals Surge In Criminal Activity Involving Stablecoins
The Financial Action Task Force (FATF) has raised alarms about the “increasing risks” associated with the adoption of stablecoins and ...
Fraudulent Crypto Activities Surge: $52 Billion In Funds Linked To Scams Identified
As highlighted in a recent report, 2024 marked a pivotal moment for the broader crypto industry with rising prices and ...
Germany Shuts Down 47 Crypto Exchanges In Sweeping Anti-Money Laundering Operation
German authorities have shut down 47 crypto exchanges connected to illicit activity, including money laundering, in a forceful anti-cybercrime action. ...
