by AdrianaAMLP | Mar 19, 2024
Genesis Global Capital, LLC agreed to a final judgment ordering it to pay a $21 million civil penalty and imposing a permanent injunction to settle charges that it engaged in the unregistered offer and sale of securities through a crypto asset lending program known as...
by AdrianaAMLP | Feb 13, 2024
Latest Financial Trend Analysis (FTA) aims to combat human trafficking as well as the illicit uses of CVC, given the total number of OCSE- and human trafficking-related BSA reports involving CVC increased from 336 in 2020 to 1,975 in 2021
by AdrianaAMLP | Jan 18, 2023
FinCEN determined that Bitzlato is a FI operating outside of the US that is of primary money laundering concern in connection with Russian illicit finance.The order prohibits certain transmittals of funds involving Bitzlato by any covered FI. Bitzlato poses a global...
by AdrianaAMLP | Nov 9, 2022
The Bank of Russia released two consultation reports discussing blockchain-based assets, focusing on the use of digital assets, and the other one is dedicated to decentralized finance (DeFi). It admits the benefits of blockchain, including the reduction of...
by AdrianaAMLP | Apr 4, 2022
Crypto-assets’ transfers would need to be traced and identified to prevent their use in money laundering, terrorist financing, and other crimes. All transfers of crypto-assets will have to include information on the source of the asset and its...
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