2025-3-28 20:53 |
The U.S. Department of Justice has seized approximately $201,400 in cryptocurrency linked to Hamas. This seizure was part of a terrorist financing operation that laundered over $1.5 million in virtual currency since October 2024, according to the DOJ. According to… origin »
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NYDIG, Stone Ridge’s subsidiary that offers Bitcoin-backed loans, is preparing to expand its offering through float financing, according to the firm’s 2024 investor letter. The letter rebuts common objections to Bitcoin’s (BTC) utility, suggesting that it can generate cash flow through sales and serve as collateral for fiat loans.
2024-12-31 23:15 | |
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Ireland will draft urgent cryptocurrency regulations before the European Union Anti-Money Laundering and terror financing standards come into effect on Dec. 30. According to the Irish Examiner on Oct.
2024-10-17 13:31 | |
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Huma Finance, a tokenized real-world assets platform, has raised $38 million in funding as it looks to scale its payment financing network. According to an announcement on Sept. 11, Distributed Global led the platform’s equity round, with participation from Hashkey…
2024-9-12 17:35 | |
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Michelle Bond, the partner of former FTX executive Ryan Salame, has been accused of violating U.S. campaign finance laws, according to an unsealed indictment. Ex-Congressional aspirant Michelle Bond was accused of financing her failed 2022 New York House campaign with…
2024-8-23 22:57 | |
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Christopher Harborne and his aviation fuel broker AML Global were wrongly accused of "committing fraud, laundering money, and financing terrorists," according to the lawsuit.
2024-3-3 01:38 | |
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HashKey Group, a digital assets financial services firm and operator Hong Kong-licensed HashKey Exchange, has announced a $100 million raise in its series A funding round. According to the company, the financing round was at a pre-money valuation of more than $1.
2024-1-17 22:42 | |
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According to a Bloomberg report, Singapore has proposed additional regulations to reinforce its stance against retail speculation in crypto assets. The new measures include prohibiting individual investors from borrowing to trade and disallowing digital payment token service providers from offering incentives for retail trading, as well as financing, margin, or leverage transactions. The Monetary Authority […]
2023-11-24 03:00 | |
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Turkey is preparing a new law on crypto regulation, according to Finance Minister Mehmet Simsek. The legislation looks to toughen approach to money laundering and terrorism financing to bring Turkey into compliance with Financial Action Task Force (FATF) requirements.
2023-11-1 19:14 | |
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Blackbird, a loyalty and membership platform built for restaurants, announced the close of a Series A financing round led by Andreessen Horowitz’s crypto arm, a16z, according to a thread posted on X.
2023-10-5 22:19 | |
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Japan eyes support for crypto startups in new regulation on startup financing. According to reports, the new rules means startups can raise funds from investors by offering stocks and crypto. Japan is looking to relax restrictions on how startups raise funds with a view to revamping the sector amid growth in venture capital funding.
2023-9-16 16:31 | |
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U.S. prosecutors have withdrawn political campaign financing charges against former FTX CEO Sam Bankman-Fried, according to a July 27 court filing. The decision to drop the charges stems from the terms of the United States extradition treaty with the Bahamas, which stipulate that the government would not prosecute Bankman-Fried on charges for which the Bahamanian […] The post Prosecutors withdraw campaign finance charges against Sam Bankman-Fried appeared first on CryptoSlate.
2023-7-28 04:00 | |
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Bitcoin miners faced difficulties paying off debt in 2022, particularly when they had high-interest equipment financing loans, according to a recent report by Hashrate Index The report stated. The post ASIC financing debt worsened Bitcoin miner’s liabilities in 2022: Report appeared first on CryptoSlate.
2023-1-23 15:15 | |
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Cash and hawala remain the “predominant methods of terror financing,” according to a UN official. However, “advanced” terror organizations are turning to cryptocurrencies.
2022-10-31 09:00 | |
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According to a tweet by Aave protocol, the plan to compensate Aave company members with $16.28M in retroactive financing for the development of Aave Protocol V3 has been green-lit. Now, the questioThe post Aave V3's funding news might have this impact on alt's price action appeared first on AMBCrypto.
2022-9-12 23:30 | |
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Barclays Plc. (LON:BARC) is set to snap up a stake in cryptocurrency firm Copper, Sky News reported on Sunday. Copper, according to the report, is looking to raise new funds from major investors across the country and counts Barclays among those with an imminent splash via fresh financing.
2022-7-25 15:48 | |
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Payment company Ripple invested in the non-fungible token (NFT) financing platform Supermojo, according to a press release shared with Bitcoinist. The platform operates under innovative point-of-sale financing aimed at making these digital assets more accessible “for the next wave of users”.
2022-7-15 21:00 | |
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Popular meme cryptocurrency Dogecoin (DOGE) has increasingly become connected to several illicit activities such as terrorism financing, Ponzi schemes, and child sex abuse, according to a new report by Elliptic.
2022-6-24 23:00 | |
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Amid the geopolitical tensions, institutions within the European Union have been expediting processes to regulate cryptocurrencies. This is “in consideration of the increasing number of the crypto asset and service providers across Europe, global financial challenges, increased money laundering activities, and possible financing of terrorism associated with virtual currencies”, according to the Lithuanian government. Against this […]
2022-6-12 22:27 | |
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Web3 and blockchain security firm CertiK has closed an “oversubscribed” $88 million Series B3 financing round led by Insight Partners, Tiger Global, and Advent International, according to an announcement shared with CryptoSlate today.
2022-4-8 05:30 | |
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Compared to the global average, reduced financial well-being observed among US millennials could be connected to their increased interest in alternative financing methods, according to the data published in a recent report by Morning Consult.
2022-2-21 01:11 | |
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Know Your Customer (KYC) procedures play a fundamental role in the combat against money laundering and the financing of terrorism (CFT). According to a 2018 report by KPMG, banks spend close to $25 billion every year on financial crime risk management.
2021-12-1 19:07 | |
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BitMEX CEO Alex Hoptner said crypto firms could be the ‘next financing means’ for soccer clubs. According to him, tokenization of assets is a big thing going forward as an alternative financing means for soccer clubs and to bring fans closer to the clubs.
2021-10-9 16:01 | |
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The Cardano Foundation has partnered with blockchain analytics provider Coinfirm to deploy Anti-Money Laundering and Combating Financing of Terrorism (AML/CFT) analytics. According to a statement relThe post Cardano Foundation announces Coinfirm partnership to 'enhance security of crypto' appeared first on AMBCrypto.
2021-8-25 13:19 | |
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On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining aims to leverage the financing to expand operations “beyond its currently installed North American footprint.
2021-6-30 21:00 | |
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BitFarms used high-interest-rate debt with large balloon payments to expand operations. Now it may struggle to pay off its debt, according to CoinDesk Research.
2020-7-28 19:06 | |
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According to Federal Reserve Economic Data, commercial and industrial loans have skyrocketed to 2. 8 trillion dollars in total. Loans are useful for starting up a small business or for financing commercial expansions, but keeping the entire economy afloat entirely on loans is uncharted territory.
2020-4-10 15:10 | |
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In a blog post Ripple’s senior product chief, Warren Paul Anderson explained why the initiative was hatched. According to the post, it is clear that Ripple is aiming at capitalizing on the opportunities in the Decentralized Finance (DeFi) market on the Ethereum platform.
2020-2-22 18:58 | |
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Prathiba Jain, Founder and New Delhi Head of the Nishith Desai Associates, spoke at "Anti-Money Laundering and Counter-Terrorist Financing (AMLCTF) System in Modern FinTech Industry", at the World EcoThe post India needs to ease regulations around FinTech, according to this lawyer appeared first on AMBCrypto.
2020-1-26 13:00 | |
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According to the US House Financial Services Committee, the nature of Bitcoin and other cryptocurrencies allows Nazis and domestic terrorists to fund their activities. US officials voice concerns over Bitcoin terrorist financing This Wednesday, a US House Financial Services Committee held a hearing during which its members addressed the topic of cryptocurrencies.
2020-1-17 03:00 | |
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Westpac, Australia’s second-largest bank, violated money laundering laws 23 million times and could be fined AUD21 million (US$15. 7 million) per breach. Westpac Banking Corp, the second-largest bank in Australia, currently faces multiple accusations.
2019-11-20 11:10 | |
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OPay, headquartered in Lagos, Nigeria has raised $120M from a horde of high-profile Chinese venture capitalists as part of its series B round of financing. OPay was launched in 2018 by Opera, the web browser primarily focuses on creating digital compensation solutions that can be used to enhance financial inclusion. According to what the company’s […]
2019-11-18 19:16 | |
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The world of technology is constantly growing, and the advancements of blockchain and artificial intelligence have created many new opportunities. However, their full extent and the way it can be used has yet to be reached, leading China to decide to perform research as well.
2019-10-28 16:27 | |
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BlockFi, a cryptocurrency lending startup, has launched BlockFi Institutional Services, a platform designed to give institutional investors such as market-makers, hedge funds, exchanges and family offices exposure to financing solutions for digital assets, according to a BitcoinMagazine report on October 17, 2019.
2019-10-19 11:00 | |
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The Financial Action Task Force (FATF), one of the most important financial regulators in the world, has recently voiced some concerns about Facebook’s Libra project. According to the institution, Libra and other stablecoins could pose several risks if they were to achieve mass adoption, especially when considering money laundering and terrorist financing. Xiamgmin Liu, the […]
2019-10-19 22:34 | |
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According to a report published by swissinfo. ch on September 19, 2019, Arab Bank Switzerland has joined the list of established banks which offer access to digital asset products. A New Bank in the Crypto Sphere Arab Bank Switzerland, a bank specializing in private banking and trade financing, has partnered with blockchain technology firm Taurus, toRead MoreRead More.
2019-9-20 09:00 | |
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Overstock’s subsidiary in charge of tokenizing securities, tZERO has partnered with entertainment financing firm BLOQ FLIX to come up with a technology service which will help BLOQ FLIX to tokenize its financing options in the entertainment industry.
2019-9-14 21:09 | |
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The highly anticipated Facebook’s crypto, Libra, must meet stringent US regulatory requirements before it can be launched, says an official from the US treasury. According to Treasury’s Under Secretary in charge of terrorism as well as financial intelligence, Sigal Mandelker, the Libra stablecoin must achieve the highest standards for fighting money laundering as well as […]
2019-9-10 21:02 | |
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Facebook’s Libra stablecoin must meet the highest Anti-Money Laundering and terrorism financing norms, according to a United States Treasury official
2019-9-11 17:32 | |
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Oil-rich economies of the Middle East and North Africa are looking for ways to diversify, and the Jibrel Network (JNT) is leveraging blockchain technology to make it happen. Private financing has a new avenue for building wealth, according to the development company, with “young and tech-savvy entrepreneurs” in the region moving into new industries and […] The post Jibrel Network Could Turn Middle East Oil Wealth Into Tech Startups appeared first on Crypto Briefing.
2019-9-3 19:47 | |
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As concerns around money laundering and terrorism financing grow, crypto-regulations have started to gain momentum. These concerns have now reared their head in The Netherlands. Due to cryptocurrencies not being fully regulated in the country, crypto-managing companies were not previously required to report to regulatory bodies.
2019-9-3 14:22 | |
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By CCN Markets: A senior UN official, Neil Walsh, claims that Bitcoin and other cryptocurrencies have made the task of fighting money laundering, terror financing, and cybercrime tougher than ever due to the relative anonymity they allegedly offer.
2019-8-30 17:53 | |
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The Association of Cryptocurrency Enterprises and Start-ups, Singapore (ACCESS) together with the Monetary Authority of Singapore (MAS) developed a new ‘Code of Practice’ to set standards of good practice regarding Anti-Money Laundering (AML) and countering the financing of terrorism measures for crypto-related businesses.
2019-8-20 13:00 | |
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Commerzbank, a Germany-based international commercial bank with a presence in more than 50 countries, has collaborated with Daimler Trucks to conduct Germany’s first distributed ledger technology (DLT) powered machine-to-machine (M2M) payment, according to a press release on August 8, 2019.
2019-8-10 23:00 | |
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According to the nonprofit research and advocacy center called Coin Center, the proposed anti-money laundering (AML) and counter-terrorism financing (CTF) regulations violate users’ privacy rights. Coin Center has urged Her Majesty’s Treasury not to implement these regulations.
2019-6-11 02:50 | |
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According to a press release issued May 9, 2019, Figure Technologies in conjunction with Jefferies and WSFS Banking Services recently completed a $1 billion asset-based loan facility on the Provenance blockchain.
2019-5-11 21:00 | |
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WeChat, the #1 messaging app in China, is also widely used for cryptocurrency transactions. Recently, WeChat Payment has revised the “WeChat Agreement for Payment Service,” which involves the control and regulation of illegal transactions, including cryptocurrency transactions.
2019-5-9 22:54 | |
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According to Bloomberg, the Winklevoss twins’ family office has participated in a seed financing for Crusoe Energy Systems Inc. to the tune of $4. 5 million. Crusoe Energy has plans to advance construction of data centers that mine cryptocurrency using a surplus of natural gas.
2019-5-7 13:34 | |
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Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts.
2019-5-3 17:40 | |
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Digital Assets Data is launching a crypto data platform to deliver institutional grade insights to investment funds. The customer base will encompass everything from family offices to hedge funds. This according to a Venture Beat, report April 30, 2019.
2019-5-1 15:00 | |
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Binance Holdings Ltd, along with its founder and former CEO Changpeng Zhao and senior executive Guangying Chen, has been named in a federal lawsuit for knowingly allowing transactions that enabled Hamas to support and carry out the Oct. 7 attack…
Ethiopia’s Financial Intelligence Service is preparing to regulate virtual currencies, despite their ongoing ban in the country. As initially reported by The Reporter Ethiopia, Ethiopia’s Financial Intelligence Service has announced that preparations are underway to regulate virtual currencies, despite their…
A United States resident has been sentenced to over 30 years in prison for sending cryptocurrency to support the Islamic State terrorist organization. Mohammed Azharuddin Chhipa, a 35-year-old from Springfield, Virginia, was handed a sentence of 30 years and four…
North America remains the largest source of extremist crypto donations, but Europe’s rapid growth demonstrates shifting regional dynamics, analysts alarm. Extremist groups worldwide are increasingly relying on crypto, with Europe seeing a concerning rise in activity, U.S.-based blockchain analytics firm…
A teenager from East London allegedly offered his expertise on cryptocurrency and cybersecurity to the terrorist groups Al Qaeda and the Pakistani Taliban. According to a report by the Standard, a 16-year-old boy from East London has been charged with…
OFAC designated social media news outlet Gaza Now and its founder Mustafa Ayash for crypto fundraising efforts aimed at supporting Hamas. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) alongside the U.K.’s Office of Foreign Sanctions…