International
Leaked Email: FinMa Abused Authority To Implement New KYC Rule
According to a lawsuit, the Swiss banking authority FinMa has abused its authority by secretly instructing SROs to implement monthly 1000 CHF no-KYC limits.
International
International
Chainalysis Claims Cryptocurrency Funds Syrian Rebels
...but won't say by how much
International
GCHQ Annual Review Contradicts NCA's National Risk Assessment
GCHQ's National Cyber Security Centre's annual report contradicts the NCA's findings of cryptocurrencies and end-to-end encryption as a major threat to national security.
US
US Purchased Pegasus for Colombia in $11M Deal
The software was used to spy on narcotics trafficking under US supervision Colombian Ambassador says, but the structuring of transactions raises suspicions on the program's legitimacy
US
New FinCEN Alert Shows Cash, Smuggling Preferred Method For Hezbollah Financing
A FinCEN alert issued on Wednesday highlights that Hezbollah does not use cryptocurrencies at scale to finance its operations.
International
"Tough" US Regulation Approach Positive For Industry, WEF Report Finds
A World Economic Forum report on digital asset regulation finds "tough" US approach "positive for the industry", recommends AI, digital identities for AML/KYC, EU stablecoin reserve requirements "too strict"
International
Colombia Implicates Financial Intelligence Unit In Pegasus Scandal
Colombia investigates whether information on the alleged purchase of Pegasus Spyware was shared with Colombia's Financial Intelligence Unit (FIU). Last week, Colombia was banned from the international FIU network Egmont Group for revealing a confidential report on Israeli Pegasus sales.
International
Keir Starmer Wants To Spy On Your Bank Account
UK Prime Minister Keir Starmer announced plans to "stop benefit fraud" costing taxpayers "almost £10 billion a year". The digital rights group Big Brother Watch sees a revival of bank spying powers.
International
UK NCA Claims Crypto "Increasingly Used" For Money Laundering, E2EE Risk To Children
The UK's National Crime Agency claims "cryptoassets are increasingly used to launder non-digital proceeds of crime" and identify increased risks to children through end-to-end encryption in a 2024 National Risk Assessment.
International
UN Cybercrime Convention To Overrule Bank Secrecy
The finalized UN Cybercrime Convention would overrule bank secrecy while criminalizing hacking, whistleblowing and security research.
International
Rage Weekly On AML And Social Justice
Democrats like to take on issues of equality, yet continue to support inherently unjust policies. Rage Weekly with an Opinion on AML and Social Justice. Subscribe for free or read all issues online.
International
FATF Report Finds "Virtual Assets Increasingly Used By Terrorist Groups"
FATF report finds 'virtual assets' increasingly used by terrorist groups, despite 75% of jurisdictions still lacking risk assessments.