Brazilian police seize $33M in crypto money laundering case
In a quest to stop activities of money laundering in the state using crypto exchanges, the Brazilian civil police have seized R$172 million ($33 million in US dollars), from different exchanges. Brazilian police executed six search warrants during the “Exchange” investigation in Sao Paulo and Diadema, following which the Brazilian judiciary ordered freezing accounts and […]
Irish Banks are pleased with the EU’s anti-money laundering regulations
Banks in Ireland have voiced support for the European Union’s anti-money laundering push, they believe this will affect the crypto space and also disrupt illicit transactions. According to the Irish daily Independent , financial institutions in Ireland have indicated support for plans to revamp the European Union’s anti-money laundering measures. The new AML body that […]