Business

AUSTRAC new guidelines aims to help fight digital currency cybercrimes
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23 April, 2022

AUSTRAC new guidelines aims to help fight digital currency cybercrimes

AUSTRAC said that the digital assets use in criminal activities is increasing revealing that in 2020-21, 500 ransomware attacks were...
South Korea to put stricter regulations on Dunamu over Upbit monopoly concerns
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23 April, 2022

South Korea to put stricter regulations on Dunamu over Upbit monopoly concerns

The Korea Fair Trade Commission will put Dunamu, owner of the country's largest digital currency exchange Upbit, under high scrutiny...
‘Green Coin’: Rhode Island lawmakers introduce housing bill leveraging blockchain tech
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23 April, 2022

‘Green Coin’: Rhode Island lawmakers introduce housing bill leveraging blockchain tech

The blockchain-backed housing bill called the "Green Housing Public-private Partnership Act" is focused on funding housing projects that meet the...
Reggie Fowler to plead guilty to running digital asset shadow bank
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22 April, 2022

Reggie Fowler to plead guilty to running digital asset shadow bank

Reginald Fowler has told the court that he intends to plead guilty to charges of fraud, money laundering and running...
US Treasury adds BitRiver to list of Russian sanctioned entities
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22 April, 2022

US Treasury adds BitRiver to list of Russian sanctioned entities

Russia's first carbon-neutral block reward miner BitRiver has been added to the Treasury's Office of Foreign Assets Control (OFAC) list...
AML-compliant jurisdictions doubled in last 10 years, but FATF says more work to be done
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22 April, 2022

AML-compliant jurisdictions doubled in last 10 years, but FATF says more work to be done

Lenders and money service businesses, including digital asset exchanges, had the poorest understanding among financial institutions, according to the Financial...
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