Counter Terrorism Financing News

National security experts have raised the alarm bells over the IS-NEWS #01 NFT, which is being seen as the first case of an NFT created and shared by a “terrorist sympathizer.”

The Israeli government has confiscated 30 crypto wallets from a small exchange based in Gaza, where the Hamas militant group has bolstered its military.

MASAK found Binance Turkey guilty of violating the Law on Prevention of Laundering Proceeds of Crime, also known as the AML Law.

Crypto industry leaders need to self-regulate before public officials decide to take on the task themselves.

The decentralized, disintermediated and borderless blockchain networks challenge regulators, but DeFi is the future of finance.

A decentralized exchange reckoning is coming — and it’s bigger than the infrastructure bill — thus, the DeFi community must be ready.

Coinfirm said it would be able to provide the same AML/CFT analytics for assets minted on Cardano, a number that may grow as the project prepares to expand to smart contracts.

The rise of DeFi improves financial inclusion and should be allowed to flourish in a regulated, and thus protected, environment.

The decentralized industry has to spend additional resources to raise its standards and implement cybersecurity best practices.

Any overseas activity outside Korea that has domestic effects or consequences shall be subject to the amended crypto regulation.

Michele Korver’s appointment to the U.S. Financial Crimes Enforcement Network promises to reduce illicit financial practices within the crypto space.

FinCEN will soon issue regulations on how financial institutions should incorporate its priorities on crypto considerations into their AML programs.

The Financial Conduct Authority has warned U.K. consumers of dealing with 111 unregistered crypto firms, calling it “a very real risk.”

Evidence suggests crypto’s role in terrorism remains relatively minor: “It has not yet become a primary means of terror financing.”

Agustín Carstens has called for cryptocurrencies to be subject to more regulations while arguing that virtual currencies have not made a significant dent in global finance.