Illicit Transactions News Today

Changpeng Zhao admitted his guilt in November, leading to his resignation from Binance, which also agreed to a USD 4.3 billion settlement to resolve related allegations. U.S. officials accused Zhao of turning a blind eye to illicit transactions, allowing over 1.5 million virtual currency trades worth nearly USD 900 million that violated U.S. sanctions., Industry News - Times Now

The total volume of global illicit cryptocurrency transactions declined last year, but crime-related funds had an increasing preference for Chinese crypto mogul Justin Sun’s Tron blockchain, a new report says.

KATHMANDU, Feb 28: Minister for Law, Justice and Parliamentary Affairs Dhanraj Gurung told lawmakers on Tuesday that a bill to amend some laws relating to the Prevention of Money Laundering and Business Environment promotion has been presented in the parliament for checking illicit transactions.

By: Benjamin F. Chavis Jr. President Joe Biden will make his State of the Union address on March 7. As a veteran civil rights leader committed to improving public safety and unlocking economic prosperity in our communities, there are a few policies I hope the president will address. There also is one I hope he

The majority of cryptocurrency transaction volume, roughly 99.6%, is used for legal purposes.

Between 2020 and 2021, the total transfer volume of illicit transactions in the crypto space more than doubled to $18.1 billion. The illegal activity continued growing in 2022, with the total value of transactions rising to $20.6 billion

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Illicit transactions in 2021 rose 79.4 percent to $14 billion, from $7.8 billion in 2020.

China’s central bank found regulatory breaches and lapses during a recent inspection of the ubiquitous payments network

Janet Yellen Stresses Importance of Crypto Regulation, Making Sure Bitcoin Is Not Used in Illicit Transactions U.S. Treasury Secretary Janet Yellen has reaffirmed that it is important to ensure that bitcoin and other cryptocurrencies are not used for illicit financing. In addition, she stresses the importance of regulating institutions that deal with bitcoin. Janet Yellen Claims It’s Important to Make Sure Bitcoin Is Not Used for Illicit Financing U.S. Treasury Secretary Ja...