Tether partners with Chainalysis to identify risky crypto addresses that could be used for bypassing sanctions or illicit activities, like terrorist financing
Stablecoins offer immense value to emerging markets...some things we take for granted here in the States. … Forums: r/CryptoCurrency : Tether Enters Transaction Surveillance Partnership with Chainalys...
The EU Council and Parliament reach a provisional deal on the Anti-Money Laundering Regulation, which will force all crypto companies to run user due diligence
🚫Prohibition of cash payments over €10,000 — 🆔Prohibition of anonymous cash payments over €3,000 — https://www.consilium.europa.eu/ ... This #waroncash is going to take its toll! #negativeinteres...
In a letter to two US Senators, Circle denies a report alleging the company helped fund Hamas and Hezbollah and has an “ongoing relationship” with Justin Sun
Circle Chief Strategy Officer Bennett Tomlin / Protos : Circle emphasizes that Justin Sun is not sanctioned... yet Chayanika Deka / CryptoPotato : USDC Stablecoin Issuer Circle Rejects Accusations of ...
In a letter to two US Senators, Circle denies a report alleging it had a role in financing Hamas and Hezbollah and an “ongoing relationship” with Justin Sun
Circle, the issuer of the stablecoin USDC, has been accused of facilitating money laundering by terrorist financing. They have also been accused of working with Justin Sun, founder of TRON — the bloc...
Chainalysis says some recent media reports about the supposed use of crypto by terrorist organizations might be overstating metrics and using “flawed analyses”
But It's Deadly Hannah Lang / Reuters : US lawmakers urge White House crack down on Hamas use of crypto after Israel attack Assad Jafri / CryptoSlate : Chainalysis says crypto usage for terror financi...
How Moscow-based crypto exchange Garantex became a major money laundering channel for cybercriminals and terrorist groups like the Palestinian Islamic Jihad
Garantex customers in Russia can deposit cash in rubles and then receive the equivalent in cryptocurrency, which can then be withdrawn abroad in a foreign currency, effectively disguising the origin o...
The US Treasury warns that DeFi services that aren't compliant with AML and terrorist financing rules pose “the most significant current illicit finance risk”
US Treasury Damilola Lawrence / Cryptopolitan : U.S Treasury report reveals how North Korea and criminals use DeFi services to facilitate money laundering Florence Muchai / Cryptopolitan : US Treasury...
The US Treasury warns that DeFi services not compliant with AML and terrorist financing rules pose “the most significant current illicit finance risk”
The department's first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money laundering regime.
US says it has seized 300+ “cryptocurrency accounts”, worth around $2M, four websites, and four Facebook pages used by al-Qaeda, Hamas' military wing, and ISIS
that it claimed were FDA approved— across four Facebook pages to finance the terror group's operations, according to Homeland Security Investigations. 👉The sale of illicit items on Facebook is literal...