Money laundering, Bank, Economics, Suspicious activity report, Finance, Money

Law Decoded: Transformations in crypto exchanges and traditional institutions, Sept. 18-25

On Sep 25, 2020
@Cointelegraph shared
More walls between crypto and traditional finance crumbled this week, writes @the_postman_ https://t.co/PP3HRPhjeT
Open

Maybe one day, drawing distinctions between crypto and traditional finance will seem quaint.

cointelegraph.com
On Sep 25, 2020
@Cointelegraph shared
More walls between crypto and traditional finance crumbled this week, writes @the_postman_ https://t.co/PP3HRPhjeT
Open

Law Decoded: Transformations in crypto exchanges and traditional institutions, Sept. 18-25

Law Decoded: Transformations in crypto exchanges and traditional institutions, Sept. 18-25

Maybe one day, drawing distinctions between crypto and traditional finance will seem quaint.

A Roadmap for President Trump’s Crypto-Crackdown

A Roadmap for President Trump’s Crypto-Crackdown

Read our latest post from John Reed Stark Consulting President John Reed Stark.

Comparing Money Laundering With Cryptocurrencies and Fiat

Comparing Money Laundering With Cryptocurrencies and Fiat

Laundering money with Bitcoin is actually an ineffective strategy because of its complexity and high risk

U.S. Department of the Treasury

U.S. Department of the Treasury

I have a policy office called the Office of Terrorist Financing and Financial Crimes that does extensive international outreach to help foreign countries harden their networks against ...

CipherCryptoAMLreport 703

CipherCryptoAMLreport 703

There are still risks to integrating the funds into the mainstream financial system because exchanges and other parties involved in cryptocurrency transactions monitor Pool of Dirty Money ...

Virtual currencies spark real concern about national security threat

Virtual currencies spark real concern about national security threat

The DoJ, lawmakers and even Federal Reserve Chairman Jerome Powell have voiced concern about the misuse of digital currencies.

Financial Privacy In Crypto At Stake: The Zcash Case And Regulation Compliance

Financial Privacy In Crypto At Stake: The Zcash Case And Regulation Compliance

The French National Assembly has published a report about virtual currencies suggesting that privacy-preserving coins should be banned. Zcash disagrees.

Global banks defy U.S. crackdowns by serving oligarchs, criminals and terrorists

Global banks defy U.S. crackdowns by serving oligarchs, criminals and terrorists

The FinCEN Files show trillions in tainted dollars flow freely through major banks, swamping a broken enforcement system.

Breakingviews - Money-laundering fight starts with transparency

Breakingviews - Money-laundering fight starts with transparency

Big banks want you to know that reports they processed hundreds of billions of dollars of potentially dodgy funds are old and not necessarily relevant to the current money-laundering fight. ...

FinCEN Says It Now Receives 1,500 Crypto Complaints a Month

FinCEN Says It Now Receives 1,500 Crypto Complaints a Month

FinCEN receives more than 1,500 reports every month from financial institutions regarding cryptocurrencies, a top official said Thursday.

The Travel Rule Is Not Enough If Crypto Gets Adopted

The Travel Rule Is Not Enough If Crypto Gets Adopted

U.S. regulators are warning crypto businesses to follow anti-money laundering regs, but some of these regs will not address new types of illicit flows if crypto scales.

Dirty money pours into the world’s most powerful banks.

Dirty money pours into the world’s most powerful banks.

Thousands of secret “suspicious activity reports” offer a never-before-seen picture of corruption and complicity — and how the government lets it flourish.

Banks Suspected Illegal Activity, but Processed Big Transactions Anyway

Banks Suspected Illegal Activity, but Processed Big Transactions Anyway

A leak of thousands of “suspicious activity reports” that banks filed with regulators shows the widespread nature of illicit money flows.

Here’s what banking experts are saying in the wake of the FinCen leak

Here’s what banking experts are saying in the wake of the FinCen leak

Banking shares tumbled on Monday following the leak of reports on $2 trillion worth of suspicious transactions facilitated by major lenders and other financial institutions.

What You Need To Know

What You Need To Know

The global AML landscape is diverse and financial institutions must keep pace with developing rules and regulations in order to meet their compliance obligations.

Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies

Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies

The Financial Crimes Enforcement Network has issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. What do ...

Crypto Exchanges Should Take a Hard Look at IP Address-Masking Services

Crypto Exchanges Should Take a Hard Look at IP Address-Masking Services

Cryptocurrency exchanges will likely have to reckon with VPN access as part of any regulatory or law enforcement actions for market manipulation.