TD Bank Group could be hit with more severe penalties than previously expected, according to a banking analyst, after a report that the investigation it faces in the U.S. is tied …
The UK government has enacted enhanced powers for the National Crime Agency and police to seize and freeze crypto used by criminals. The British National Crime Agency (NCA) will no …
The terrorist group ISIS is leveraging stablecoins such as Tether for fundraising and global financial transactions, including operations in Africa. As reported by Bloomberg, the Counter ISIS Finance Group is …
Canada’s financial intelligence agency says it has levied a $1.3-million penalty against CIBC for non-compliance with money laundering and terrorist financing measures. The penalty is the second the Financial Transactions …
Business Canada’s financial intelligence agency has levied a $7.4-million penalty against the Royal Bank of Canada for non-compliance with anti-money laundering and terrorist financing measures. Violations include failing to submit …
Leading global crypto exchange Binance recently experienced a notable departure with Jennifer Hicks resigning from her position as the firm’s first anti-terrorism financial advisor. Hicks, who previously worked as a …
The Securities and Futures Commission (SFC) has introduced an updated anti-money laundering and counter-financing of terrorism self-assessment checklist, aimed at enhancing compliance in the evolving virtual asset sector. The Securities …
Two U.S. elected officials wrote to the Department of Justice, calling for a concluded investigation on Binance and Tether that could lead to litigation against the pair of crypto heavyweights. …
Blockchain analytics provider Elliptic refuted claims made in a Wall Street Journal article that misinterpreted its data and incorrectly said Hamas raised millions in cryptocurrencies. Elliptic’s rebuttal is a response …