Money Laundering
How Big Is Crypto Crime, Really?
Estimates of the scale of online crime range from under 1% to nearly half of all crypto activity – CoinDesk analyzes the approach to these estimates.
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
According to the Commodity Futures Trading Commission (CFTC), the three co-founders of BitMEX have been ordered to pay $30 million for operating an illegal cryptocurrency derivatives platform and violating money-laundering rules. “The Hash” group discusses BitMEX’s role in the early stages of the crypto space and how newer exchanges like Coinbase and Binance have dealt with regulatory tensions.
In Estonia, the Party’s Over for 'Hippie' Crypto Firms
New licensing requirements passed last year could see the country’s crypto community slashed by 90%.
Council of Europe Calls for Crypto Laundering Clampdown
The council's Moneyval committee warned of fraud, tax evasion and market manipulation taking place through virtual assets.
Belgian Registration for New Crypto Firms Kicks In on Sunday
Existing exchange providers have until June 1 to notify under the anti-money laundering law
Europe's Lawmakers Set to Advance Discussion of Controversial Crypto AML Rules
Talks on contentious anti-money laundering rules for the sector are reaching the closing stage, but some hope there’ll be wiggle room on small payments, unhosted wallets and transition periods.
The Downfall of 'Shadow Banker' Reggie Fowler and Crypto's Rising Legitimacy
A lead figure in the storied Crypto Capital saga has declared he’s effectively broke. Now, he wants to give up his right to a trial.
EU Crypto Firms Protest ‘Alarming’ Anti-Money Laundering Laws
The companies are joining forces to try to limit the impact of new proposals to identify crypto users and regulate stablecoins.
Nearly Half of Jurisdictions Still Not Applying Crypto Laundering Norms, Global Regulator Says
The Financial Action Task Force has vowed to toughen its monitoring, though some fear customer identification rules could harm online privacy.
Market Wrap: Bitcoin Bounces Around $40K as Stocks Waver; Crypto Security Concerns Intensify
New evidence of money laundering could trouble policymakers. Meanwhile, some analysts see limited upside for BTC.
