Vancouver mulls ban on Bitcoin ATMs over money laundering fears
According to law enforcement in Vancouver, a ban would bring an end to a reported surge in criminal use of the crypto ATMs.
According to law enforcement in Vancouver, a ban would bring an end to a reported surge in criminal use of the crypto ATMs.
Bitcoin creator Dr. Craig Wright is being painted a fraud and criminal by people, many of whom promote anarchy and crime, who opposed him and his ideals.
Eight were arrested and a bunch of equipment and money seized in a Europol assisted raid in Spain.
Brazillian police were merely looking for drug dealers, but they stumbled on a BTC money laundering operation as well.
Marking a first for the state of New York, prosecutors have secured their first conviction for money laundering through cryptocurrency.
The Manhattan District Attorney has indicted three individuals who were found to have been selling counterfeit drugs on the dark web and using Bitcoin Core (BTC) to launder over $2.3 million.
Michael Richo, 37, was charged with fraud and money laundering offenses for his involvement in a Bitcoin phishing scheme, according to the U.S. Attorney’s Office for the District of Connecticut.
After Matthew Phan was found dealing narcotics online, Canadian law enforcement officers uncovered a large stash of Bitcoin Core (BTC) in a device in his home.
The National Police Agency reported a total of 7,000 cases of suspected money laundering involving cryptocurrency on the year, up from just 669 cases in the previous period.
Authorities in Malta are taking action after the International Monetary Fund (IMF) raised concerns that blockchain's ascent in Malta will be a significant risk to the Maltese financial system.
According to the IMF, the rise of the blockchain sectors in Malta isn’t wholly innocent, and could in fact pose “significant risks” to the country’s financial system.
Ireland's cabinet has accepted the Fifth Anti Money Laundering Directive put forward by the European Union, creating more oversight for cryptocurrencies.