The Latest FinCrime News about Crypto
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Australia Implements Stricter Public Register To Combat Crypto Laundering
The Australian Transaction Reports and Analysis Centre has implemented a series of expanded safeguards to combat the movement of illicit funds through virtual assets.
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Dubai Virtual Asset Governance and Exchange Compliance Standards
The regulatory framework for Virtual Asset Governance in Dubai is now in effect, mandating strict board independence and exchange resilience to ensure market transparency.
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Binance Australia Derivatives Faces 10 Million Dollar Penalty
Oztures Trading, operating as Binance Australia Derivatives, must pay a 10,000,000 dollar penalty after the federal court identified systematic Regulatory Compliance Failures affecting 524 retail clients who were misclassified as wholesale investors.
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Economic Infiltration of Organized Crime in France and the Judicial Response
The rise of Shadow Banking Networks has transformed the financial landscape in France. Authorities are now dismantling the financial infrastructure of criminal groups to combat economic infiltration.
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UK Authorities Move to Dissolve Crypto Firm Over 1 Billion Dollar IRGC Link
UK authorities move to dissolve companies after a TRM Labs report exposed a 1 billion dollar stablecoin network used by the Iranian Revolutionary Guard Corps for sanctions evasion.
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FATF and Interpol Strategy to Combat the 1.03 Trillion Dollar Fraud Economy
FATF and Interpol implement a new anti money laundering toolkit to combat the 1.03 trillion dollar fraud crisis and improve the 4 percent asset recovery rate.
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Singapore Bans Former Bankers Linked to 3 Billion Dollar Laundry Case
Monetary Authority of Singapore issued 16 and 7 year prohibition orders against Wang Qiming and Liu Kai following convictions in the 3 billion dollar MAS Prohibition Orders for Wang Qiming and Liu Kai case.
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Sanctions Under Fire: Industrialized Evasion and Laundering Networks in War Times
Sanctions evasion networks industrialization is accelerating as conflict drives complex laundering systems combining crypto, trade, and gold, exposing weaknesses in global AML enforcement.
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US Treasury Strategy Report on Defeating Modern Financial Fraud
The US Treasury identifies new risks and solutions for the Digital Asset Service Provider sector to stop money laundering through advanced blockchain analytics.
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FATF Guidelines for Managing Risks of Offshore VASPs
The FATF identifies critical risks from offshore VASPs operating without physical presence, urging jurisdictions to enhance supervision and international cooperation to prevent money laundering and secure global financial systems.
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Binance Wins Dismissal of Terrorism Financing Lawsuit in New York Court
A federal court has dismissed a major lawsuit against Binance related to terrorism financing, citing a lack of specific evidence linking the platform to the perpetrators of global terrorist attacks.
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Chasing the 350 Billion Dollar Shadow Crypto Laundering and Sanctions Evasion War
The 350 billion dollar crypto money laundering shadow war reveals how hostile states like Russia and Iran use digital assets for sanctions evasion.
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South Korea Imposes 20 Percent Ownership Cap on Crypto Exchanges to Curb AML Risk
South Korea enforces a 20 percent ownership cap under the Digital Asset Basic Act to improve AML transparency for major exchanges like Upbit and Bithumb.
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Escalated Digital Asset Outflows from Iranian Platforms During Conflict
A significant spike in Iranian exchange withdrawals reveals how Crypto Anti Money Laundering efforts face new challenges during military escalations.
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Digital Assets Face Stricter Oversight as FATF Targets Stablecoin Risks
The Financial Action Task Force (FATF) reports on money laundering risks within stablecoin peer to peer markets and the new global standards for unhosted wallets.
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Italy Dismantles Romance Scam-Related Money Laundering Network
The Guardia di Finanza in Italy dismantled a network involved in Transnational Money Laundering Operations in Europe after identifying a 900,000€ romance and investment scams.
Other News About Crypto
Australia Implements Stricter Public Register To Combat Crypto Laundering
The Australian Transaction Reports and Analysis Centre has implemented a series of expanded safeguards to combat the movement of illicit funds through virtual assets.
Dubai Virtual Asset Governance and Exchange Compliance Standards
The regulatory framework for Virtual Asset Governance in Dubai is now in effect, mandating strict board independence and exchange resilience to ensure market transparency.
Binance Australia Derivatives Faces 10 Million Dollar Penalty
Oztures Trading, operating as Binance Australia Derivatives, must pay a 10,000,000 dollar penalty after the federal court identified systematic Regulatory Compliance Failures affecting 524 retail clients who were misclassified as wholesale investors.