He served four months in federal prison for charges including alleged violations of United States Anti-Money Laundering rules.
Read moreSweden sees crypto exchanges as professional money launderers
Swedish authorities label certain cryptocurrency exchanges as key enablers of organized crime, highlighting four distinct money-laundering profiles.
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FATF Urges India to Strengthen Virtual Asset Regulation
India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In
Read moreChinese gov't mulls anti-money laundering law to 'monitor' new fintech
According to the Chinese government, 1,391 individuals have been prosecuted on money laundering-related charges in the first half of 2024.
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FCA Files First Charges Against Unregistered Crypto ATM Operator in UK
The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents
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India’s FIU Considers Approving More Offshore Crypto Exchanges
India’s Financial Intelligence Unit is reportedly reviewing four offshore cryptocurrency exchanges for potential approval to resume operations following the lifting of bans on Binance and
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