Money Laundering


Markets

UK Treasury: Digital Currencies Pose Lowest Money Laundering Risk

Digital currencies were deemed a “low” risk for money laundering and terrorism financing in a report published last month by the UK government.

Picture of UK Treasury building.

Markets

Police Return Funds Seized from Bitcoin Trader

A Scottish bitcoin trader had thousands of pounds returned to him after they were seized by police during a money laundering investigation in May.

cash

Markets

FATF: Regulate Virtual Currency Exchanges to Counter Crime Risks

Digital currency exchanges and gateways need to be tightly regulated to prevent money laundering and terrorism financing, says the latest FATF report.

Money Laundering

Markets

Europol Report Connects Anonymous Digital Currencies to Dark Net Crime

A new report by Europol examines the role of bitcoin in money laundering schemes and dark net organised crime.

europol dark web

Markets

Italian Authorities Issue Bitcoin Warnings, Urge Regulation

Three Italian institutions have issued new warnings on bitcoin, calling for legislation to eliminate regulatory ambiguity and illicit use.

Italy chamber of deputies

Markets

Bank of Russia: Bitcoin Should Not Be Rejected

The Bank of Russia issued new statements suggesting it is still evaluating its treatment of bitcoin and digital currencies.

bank of russia

Markets

The Bitcoin Word Game

How specific words and phrases are being crafted in an attempt to shape the public's perception of bitcoin.

word game clarity

Markets

Why Know-Your-Customer Rules Won't Work With Bitcoin

Know Your Customer rules exemplify why moulding bitcoin into the current regulatory framework won't work, argues Ariel Deschapell.

square peg round hole

Markets

Lawyers Want Bitcoin Money Laundering Charges Dropped on Technicality

Lawyers representing two Florida men charged with bitcoin-related money laundering want to have the charges dropped on a technicality.

European authorities have busted a crypto fraud operation in Bulgaria, Cyprus and Serbia. (Shutterstock)

Policy

Bulgarian Bitcoin Tax Guidance May Leave Money-Laundering Loophole

Bulgaria has announced it will tax digital currencies as income, but some have concerns over documentation requirements.

Bulgaria