The U.S. is the top destination for stashing and laundering money illegally, according to a new report from a pro-tax advocacy group. [Read more]
News
in Business
When you buy cryptocurrency, what are you actually buying? Is it an actual currency, a stock or is it a commodity? I believe crypto is the currency of the future. [Read more]
The U.S. Treasury has sanctioned a cryptocurrency swap service fro the first time as it looks to stop hackers from laundering stolen funds. [Read more]
lowly but surely, governments worldwide are beginning to wake up to the schemes, scams, and criminal activity in the digital assets industry. This week, the U.S. Department of Treasury issued a warning that Non-Fungible Tokens (NFTs) could be used in money laundering. [Read more]
in Regulatory
The last year saw advances and setbacks in the fight against American white supremacist, anti-government, and other violent right-wing groups. The good news is that the number of deaths from terrorism and other extreme forms of violence was low, but the bad news for 2022 is that violent rhetoric and threats are becoming normalized in everyday politics. [Read more]
in Fintech
Fintech is growing at a high rate in the United States due to changing business models and the increasing emphasis on boosting customer interaction to boost revenue. Additionally, the increasing digitization of businesses and growing investment in fintech companies offer lucrative growth opportunities to the market. [Read more]
U.S. regulation of crypto assets is an ongoing issue for current politicians. This month, Capitol Hill played host to a watershed moment for crypto adoption in the U.S. Six executives from prominent crypto firms set out to demystify various aspects of their industry. Here’s the round up. [Read more]
When It Comes to Money-Laundering, the U.S. Is Part of the Problem [Read more]
According to the US Department of Treasury, sanctions will be imposed on the cryptocurrency exchange Chatex as well as its support network for enabling ransomware actors to transact. [Read more]
Criminals are cashing in on bitcoin ATMs around the country, using the convenient, largely anonymous transactions for drug trafficking, money laundering and a variety of fraud, law enforcement officials say. [Read more]