Verkhovna Rada has approved a new set of amendments that seeks to introduce virtual currencies as a legal means of payment and investment within the country.
As per CipherTrace’s Q3 AML report, digital currency crime soared to $4.4 billion in the first nine months of the year.
It’s believed that ANZ’s announcement is aimed at reassuring investors and stakeholders that bank will not follow Westpac’s path because of technology and governance failings.
As per the latest report by New Zealand’s Financial Intelligence Unit, the domestic criminal justice activities in the country is generating $1.35 billion for money laundering each year.
AUSTRAC accused Australia’s Westpac Banking Corp of 23 million breaches of anti-money laundering laws.
National Australia Bank says it may have breached laws governing bribery, corruption and financial crime.
The company made bold promises and had told its investors in a South Korean convention center that they would receive a return of 200% on their investments in 4 to 10 weeks.
Australia’s E-Crime Squad arrested a man for providing unregistered cryptocurrency services.
A former narcotics trafficker, Hugh Brian Haney, pled guilty for selling illegal drugs on the dark web platform, Silk Road, and laundering over $19 million worth of profits with Bitcoin.
The Financial Intelligence Unit of Liberia has fined GSM Company – Orange Liberia for failing to file Suspicious Transaction Report.