Deutsche Bank Subsidiary Penalized $25 Million for ‘Greenwashing’ and Anti-Money Laundering Breaches

Welcome to our comprehensive article shedding light on the recent fine of $25 million imposed on a Deutsche Bank subsidiary for ‘greenwashing’ and anti-money laundering violations. In this in-depth analysis, we delve into the details of the case, examining the…

Tornado Cash Developers Charged With Money Laundering and Sanctions Violations That Facilitated Over $1 Billion in Illicit Transactions

The U.S. DOJ has filed charges against two Tornado Cash developers with a privacy protocol operating on the Ethereum network. This protocol developed an unclear and hazy connection between sender and recipient addresses. The two developers, Roman Storm, and Roman…

Korea Lines up Crypto Anti-Money Laundering Law

The South Korean national assembly is lining up a bill that will provide a legal basis for crypto-currencies in the country. The bill, which has already passed the national assembly’s national policy committee, is only awaiting ratification from the judiciary…

U.S Army seeks Blockchain Experts that can Track BTC in Real Time

The US Army is seeking Blockchain experts who can track Bitcoin in real time according to a pre-solicitation notice by the United States army contracting command (ACC) of New Jersey. According to the ACC, the cryptocurrency analytics report is being…

Financial Action Task Force: Global cryptocurrency regulation framework to be out by June 2019

  The global watchdog for money laundering has announced that it will start publishing its first batch of cryptocurrency regulations by June next year. The Financial Action Task Force (FATF) said there is a great need to implement worldwide jurisdictions…

Warning: 81 Percent of ICOs are Scams

A good way to get ahead of making profits in the cryptomarket is through investing in an Initial Coin Offering (ICO). Like the Initial Public Offering (IPO) of publicly traded companies, tech companies nowadays raise capital through ICOs. Before being…

SEC Overstock Review: SEC wants to know Everything About $250 Million tZero ICO

The U.S Securities and Exchange Commission (SEC) is conducting a review of companies that have turned to ICO to finance their blockchain projects. A recent filing released the details of the ongoing Overstoke.com $250 million ICO. The Company hopes to…

170 money laundering cases involves cryptocurrency in the past 6 months in Japan.

Cash is king in Japan and it still plays a major role in day to day transactions than a credit card. Japan is  one of the developed countries of the world still relies mainly on cash and less on the…