Countries also collaborate globally to deter crypto money laundering, forming organizations like the FATF. They are working together for regulatory alignment, information sharing and strengthening ...

Legislation typically provides only a framework, leaving details to regulatory agencies. But under Trump, those are now ...

Trump’s family controls World Liberty Financial, the crypto firm behind USD1—a new stablecoin now trading on KuCoin.

An alleged kidnapping in New York is the latest instance in which authorities say cryptocurrency-related crimes have involved ...

The figures suggest that only about 1% of all money laundering is carried out with crypto. The value of all illicit funds laundered is about $2 trillion a year, Deloitte wrote in a June 2023 report.

typically point to the utilization of crypto to pursue nefarious activities such as money laundering. Rules exist for financial transactions regarding “know your customer” (KYC) and “anti ...

The founder and CEO of Binance, Changpeng Zhao, agreed to plead guilty to money laundering violations and to step down from the world's largest crypto exchange as part of a sweeping settlement ...

NEW YORK, Jan 26 (Reuters) - Cybercriminals laundered $8.6 billion in cryptocurrencies last year, up 30% from 2020, according to a report from blockchain analysis firm Chainalysis released on ...

At the end of 2023, the United States government hit Zhdanova with economic sanctions for her alleged role in a crypto money-laundering operation used by Russian oligarchs, ransomware gangs ...

What is crypto money laundering? Crypto money laundering involves concealing illegally obtained funds by funneling them through cryptocurrency transactions to obscure their origin. Criminals may ...