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Crypto firms faced substantial regulatory action, collectively paying nearly $6 billion in fines primarily due to Anti-Money Laundering (AML) violations and deficiencies in customer checks last year. This marks a…
Crypto proponents on X wasted no time pointing out the hypocrisy of JP Morgan CEO Jamie Dimon’s recent remarks to the United States Banking Committee about Bitcoin and crypto.
JPMorgan Chase CEO Jamie Dimon attacked Bitcoin and other cryptocurrencies on Wednesday, suggesting that they’re only useful for criminals and may as well be banned. “If I were the government,…
Binance settlement highlights banks’ and crypto firms’ ambiguous treatment, says Columbia Business School adjunct professor Omid Malekan.
BNB hit its highest price since June after Bloomberg reported the Justice Department wanted $4 billion from Binance to end its probe into the exchange.
Mastercard announced it will integrate a new AI tool to detect and prevent fraud routed through cryptocurrency exchanges.
The Australian Federal Police (AFP) has uncovered a money laundering syndicate, named the Long River syndicate, which is alleged to have utilized the Changjiang Currency Exchange as a front for…
U.S. Deputy Treasury Secretary Wally Adeyemo confirmed in a speech on Friday that crypto plays a relevant, but still relatively minor role in global terrorist financing operations. His comments bear…
The department previously targeted individuals connected to Tornado Cash, but its reported actions on mixers followed concerns suggesting Hamas was financed in part by crypto.
The Blockchain Association and Crypto Council for Innovation said the terrorist group Hamas had reportedly curtailed using Bitcoin as authorities could more easily track funds.