St Kitts and Nevis becomes leading nation in Caribbean for crypto-banking as market soars
The dual-island nation of St Kitts and Nevis has quickly become a leading nation in the Caribbean region for crypto-literate banking.
Cryptocurrency fraud continues to plague UK
So far in 2021, news reports reveal that cryptocurrency fraudsters have cheated over £146m ($200USD) out of victims in Great Britain.
New scam exploits iPhone users looking for love
Researchers at Sophos Labs have unearthed a fake iOS cryptocurrency apps that has targeted US, European victims for at least $1.4 million.
Crypto-crime
An introduction to ransomware, darknet markets, money laundering and related illicit activities defining the crypto- crime landscape today.
Biden administration mulls executive order on crypto oversight
In an effort to tighten regulations on cryptocurrencies, the Biden administration is considering an executive order on the new asset class.
US announces national cryptocurrency enforcement team
The United States Department of Justice (DOJ) has created a new task force to tackle complex investigations and prosecutions of criminal misuses of cryptocurrency.
Brazil to tighten penalties for crypto-related financial crimes
Brazil’s Special Committee of the Chamber of Deputies has approved a bill to crack down on cryptocurrency crimes, with focus specifically on individuals or groups who use cryptocurrency to launder money in Brazil.
Cryptocurrency from at least 6,000 customers stolen, Coinbase announces
Coinbase has sent out breach notification letters to at least 6,000 customers notifying them that their funds have been stolen by hackers.
Money laundering fears surface as El Salvador makes bitcoin official currency
El Salvador has become the first country to adopt digital currency bitcoin legal tender.
How to mitigate crypto risks with the right data-driven compliance strategy
Despite increased adoption of cryptocurrency across the world, some financial institutions continue to hold back from banking cryptocurrency businesses and investing resources to capitalize on its opportunities, in part because of the perception that it is impossible to control for illicit activity.
