Tag Archives: laundering

[ad_2][ad_1] Bitmex said Wednesday that it is rapidly following its user verification program in order to comply with regulatory requirements. Users must now be fully verified by November 5, 2020 “to continue trading on the platform,” he said. In a statement, the cryptocurrency exchange said that “unverified users will not …

[ad_2][ad_1] Recently, the V dollars have been accused of aiding money launderers. The currency of the game used to buy skins for your avatar seems to be a target for criminal underworld. Fortnite has accumulated enormous success in the last year, yet the indignation for money laundering is nothing compared …

[ad_2][ad_1] $ 150 billion could have been recycled by the largest Danish bank The information gathered reveals that companies from Russia and some parts of the official Soviet trade unions now use Estonia as a piggy bank. The conclusions on how things are done in the Estonian branch of the …

[ad_1] In 2018, just a month passed without an official at a financial institution or a government department invoking cryptography to clean up his act. Only in the last quarter of the year, the US Treasury Department, the Canadian Parliament and the Russian Federal Financial Monitoring Service have all solicited …

[ad_2][ad_1] The European Union was expected to promote trade and peace after the Second World War. In the six decades since its inception, the idea has come a long way. While there are still many problems within the member nations, especially Britain coming out of the union, it has held …

[ad_2][ad_1] Requests for cryptocurrency regulations increase day by day. The Irish government has passed an anti-money laundering law that will have serious consequences on the cryptocurrency sector in the country. The law whose directive came into force on 9 July 2018 provides a framework that European financial regulators should use …

[ad_2][ad_1] Latest news about Litecoin The Irish Finance Minister, Charlie Flanagan, is exultant expecting the execution of a proposal that will make financial illegality once and for all. According to the Irish Times, Flanagan said that serious terrorists and criminals thrive on money laundering. The act itself is criminal and …

[ad_2][ad_1] The Council of Ministers, the executive body of the Irish government, has approved a bill that would implement the Fifth Anti-Money Laundering Directive (LMA) of the European Union (EU), as reported by the Irish Times January 3rd. The directive, which entered into force on 9 July 2018, establishes a …

[ad_2][ad_1] . Last week, officials of the Directorate for Investigations on Organized Crime and Terrorism (DIICOT), together with four agents of the US Secret Service of America, arrested Vlad Nistor, the managing director of Coinflux , in his residence in Cluj. The authorities also broke into the Coinfux offices following …

[ad_2][ad_1] The corporate blockchain software company R3 has recently completed a conceptual test of its Know Your Customer (KYC) application based on its blockchain platform Corda, the French financial institution RCI Bank and Services announced on December 3rd. KYC requirements are part of the due diligence necessary to meet anti-money …