China updates laws to address cryptocurrency-related money laundering issues. The revised legislation introduces new requirements for monitoring technological risks. Continue Reading:China Updates Legislation to Combat Money Laundering in Cryptocurre
According to the Chinese government, 1,391 individuals have been prosecuted on money laundering-related charges in the first half of 2024.
China is moving to update its legislation to tackle new money and cryptocurrency money laundering crimes. The Chinese Congress is set to introduce new money laundering concepts in the second review of the money laundering law draft revision, which wi
Singaporean regulators have no plans to allow cryptocurrency use for gambling due to the risks of money laundering. During a Sept. 10 parliamentary address, Ms Sun Xueling, Minister of State for the Ministry of Home Affairs and Ministry of Social…
Singapore’s Deputy Prime Minister has announced that Worldcoin (WLD), the controversial identity-capturing cryptocurrency project, is […] The post Worldcoin Under Investigation In Singapore For Money Laundering & Terrorism Financing, Allegedly ap
Sling offers its users an innovative solution to send money to over 70 countries. Even if the recipient doesn’t have a Sling account. Send Money Globally Without Account Hassles This feature is a game-changer for those who need to send funds to famil
Started by former Coinbase and Square employees, Bridge is building a stablecoin-powered money movement platform.
Stables Money already has a chunk of the $35 billion Philippine remittance market and will upgrade service with the new stablecoin.
Money talks and the cryptocurrency industry's money is talking loudly now.
Investors are throwing down serious cash—nearly $90 billion—into U.S. money market funds, and they’re doing it fast. In the first half of August alone, a staggering $88.2 billion flowed into these funds. What’s driving this? Simple. Big players are b
Binance and its former CEO, Changpeng Zhao (CZ), are facing a revived class action lawsuit in the U.S. District Court for the Western District of Washington, Seattle. The lawsuit, filed by three cryptocurrency investors, alleges that Binance facilita
The post Binance Described As ‘Crypto-Wash Empire’ In A Lawsuit Over Money Laundering Activities appeared first on Coinpedia Fintech News Binance and its former CEO Changpeng Zhao are facing a new class-action lawsuit alleging consumer harm due to th
Supreme People’s Procuratorate said there has been a 20-fold increase in people prosecuted for money laundering since 2019.
A Gujarat-based man, Shailesh Babulal Bhatt, was arrested under the anti-money laundering law in connection with kidnapping and extortion cases, including a significant cryptocurrency-related crime ex
As digital money is increasing in every sector, many people think that cryptocurrencies like Bitcoin can replace traditional currencies. But a Russian financial expert, Viktor Pershikov, recently shar
Why "Travel and Earn Money" is TrendingThe phrase "Travel and Earn Money" has recently gained significant traction among cryptocurrency enthusiasts and casual internet users. Its popularity spiked on
Sling Money converts fiat currency to USDP and then back again in order to complete transfers between around the world.
Hong Kong customs dismantled a sophisticated money-laundering syndicate that processed over $190 million through crypto transactions and over 200 bank accounts. Hong Kong customs authorities have crac
At nearly 36% potential gain, Nvidia still makes the most value sense. Amazon is close second at a potential 34% boost.
Thailand’s finance minister, Pichai Chunhavajira, has confirmed a new plan to distribute digital money to 45 million citizens,…