NCA launches ‘Crypto Dream Scam Nightmare’, its first campaign targeting men under 45, warning against crypto investment fraud with real cases and tips to spot scams after 17,000 reports in 2024

The campaign highlights the risks of high-return crypto schemes, sharing real-life examples such as a victim who believed £28,000 had grown to £400,000, only to lose it all. In 2024, Action Fraud recorded over 17,000 reports of crypto investment fraud. The initiative...

EBA publishes report on Tackling ML/TF risks in crypto-asset services, drawing on lessons from recent EU supervisory cases to guide authorities in strengthening oversight in this rapidly evolving sector

The report identifies significant AML/CFT vulnerabilities in the sector, examines strategies some crypto firms use to bypass supervision, and outlines safeguards introduced by MiCA and the revised AML/CFT framework. By consolidating these findings, the EBA aims to...