Europol has shut down an alleged drug trafficking operation that used cryptocurrencies to launder money from Spain to Colombia.
Taiwan Central Bank Proposes Money Laundering Rules for Bitcoin
The Central Bank of Taiwan is eyeing new rules that would bring bitcoin under the island’s existing anti-money laundering regulations.
Arizona Bitcoin Trader Convicted for Crypto Money Laundering
An Arizonan bitcoin trader has been convicted for using the cryptocurrency to launder the proceeds of drug deals.
Korean Regulators to Probe Banks’ AML Measures for Crypto Exchanges
Two South Korean regulators are reportedly launching an investigation of banks’ implementation of anti-money laundering procedures for exchanges.
Brazilian Officials Caught Using Bitcoin in $22 Million Scam
Corrupt Brazilian officials have been caught allegedly using bitcoin to divert millions in public funds that were intended for prison supplies.
IMF’s Lagarde: Track Cryptos with Blockchain to ‘Fight Fire with Fire’
IMF head Christine Lagarde has argued that regulators could use blockchain technology itself to regulate cryptocurrencies
Japan to Call for G20 Action on Crypto Money Laundering
Japan is reportedly planning to use the G20 meeting next week to call for combined efforts to combat cryptocurrency use in money laundering.
Ex-IMF Economist: Bitcoin Could Drop to $100 in the Next Decade
Economist Kenneth Rogoff said Tuesday that he expects bitcoin’s price will decrease by 2028.
UK Central Bank to Clamp Down on Crypto Money Laundering
The head of the Bank of England has said that the institution will step up its efforts to combat cryptocurrency money laundering.
Global AML Watchdog to Step Up Crypto Money Laundering Scrutiny
The international Financial Action Task Force has said it will step up its efforts in monitoring the use of cryptocurrencies in money laundering.
Austria Planning New Regulations for Cryptocurrency, ICOs
Austria is drawing up cryptocurrency regulations, using as a model existing rules for the trading of gold and derivatives.
Crypto Regulation? Not Anytime Soon, Says White House Official
The White House cybersecurity coordinator said crypto regulation is still far from becoming a reality.