Governments and regulatory bodies have raised concerns about privacy coins due to their potential for facilitating illicit activities, such as money laundering and tax evasion. Several countries ...

What to know about Stablecoins as GENIUS Act sees them grow in popularity - The GENIUS Act may help stablecoins go mainstream ...

According to a report by Chainalysis, sophisticated money laundering techniques are presenting a significant challenge for law enforcement agencies and cryptocurrency service providers.

Crypto companies mounted one of the biggest influence-purchasing campaigns in American history in 2024. This week, a handful ...

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

The trajectory of privacy coins, which provide to users ... like those mentioned face the complex challenge of aligning with tough anti-money laundering (AML) and know-your-customer (KYC ...

The money-laundering groups, officials at the NCA say, frequently use the Tether stable coin (known as USDT), which has a $130 billion market cap and is reportedly being investigated by the US ...

BitMEX was fined $100 million in January for violating the Bank Secrecy Act by willfully failing to establish, implement, and maintain an adequate anti-money laundering and know-your-customer program.

the integration of anti-money laundering (AML) methodologies with artificial intelligence (AI) presents a reasonable approach to combating this challenge. Trade-based money laundering (TBML ...

received $30,000 and the President’s Challenge got more than $350,000 from individuals whose names are similar to those of people charged in the $2.8 billion money laundering case. Ms Charmaine ...

A Vietnamese property tycoon who was jailed for life in a $17 billion money laundering case had her ... developer Truong My Lan had already lost a challenge against the death penalty in a separate ...