European Union Introduces Comprehensive Crypto Law
The European Union (EU) has made history by introducing the world's first comprehensive crypto law. Lawmakers in the EU voted 517-38 in favor of the Markets in Crypto-Assets (MiCA) licensing…
Turkish Crypto Exchange Founder Arrested
The founder of Turkish cryptocurrency exchange, Thodex, Faruk Fatih Ozer, has finally been arrested after two years on the run. Ozer was detained by the Istanbul Airport Police Department on…
Tornado Cash Developer Set to be Released
Alex Pertsev, the developer behind the popular crypto mixing service Tornado Cash, is set to be released from prison after nearly nine months of detention. Pertsev was arrested by Dutch…
anti-money laundering
Crypto transfers
EUROPEAN ANTI-MONEY LAUNDERING AUTHORITY
EUROPEAN UNION
MONEY LAUNDERING
NEWS
terrorist financing
EU Proposes Cap on Anonymous Crypto Transfers
The European Union has taken a step towards greater financial transparency with a proposal to limit anonymous crypto transfers to 1,000 euros ($1,083) to combat money laundering and terrorist financing.…
Former OneCoin Executive Charged with Fraud
The United States Department of Justice has charged Irina Dilkinska, a former executive of the fraudulent cryptocurrency scheme OneCoin, with wire fraud and conspiracy to commit money laundering. Dilkinska, who…
CRYPTOCURRENCY BUSINESS
FDIC
Insolvency
MONEY LAUNDERING
NEW YORK REGULATORS
NEWS
PRIVATE EQUITY FIRMS
Signature Bank
SILICON VALLEY BANK
TRADITIONAL LENDERS
FDIC Requires Potential Buyers of Failed U.S. Banks to Give Up Crypto Services
The Federal Deposit Insurance Corporation (FDIC) has requested banks interested in acquiring failed U.S. lenders, such as Silicon Valley Bank and Signature Bank, to submit their bids by March 17.…
CRYPTOCURRENCY
department of justice
Investigation
MONEY LAUNDERING
NEWS
SECURITIES AND EXCHANGE COMMISSION
Signature Bank
Signature Bank Under Investigation by US Government Bodies
Signature Bank, a cryptocurrency-friendly bank, is reportedly under investigation by two United States government bodies over concerns that it did not take adequate measures to detect potential money laundering by…
Bitcoin of America indicted for operating unlicensed kiosks
Bitcoin of America, a Bitcoin technology firm, and three of its executives are facing charges of money laundering, conspiracy, and other crimes connected to the operation of more than 50…
Spanish Authorities Arrest Bitzlato Exchange Executives for Money Laundering
The chief executive officer, sales executive, and marketing director of the Hong Kong cryptocurrency exchange Bitzlato have been detained in Spain, according to a story that was published on February…
Hackers Launder $27 Million in Stolen Ethereum From North Korean
The cash that were taken in June 2022 are still being laundered by the North Korean exploiters who were behind the assault on the Harmony Bridge. The criminals transferred another…