Imagine how shocking it would be for a bank to launder almost ten times the country’s GDP. That’s not all. Now, imagine if all the money came from non-residents of the Ukraine, Russia, Moldova, Azerbaijan and several other countries of the now-defunct Soviet Union. Indeed, this would make it the largest money laundering scandal of … Continue reading ” How Blockchain could have Prevented the Danske Bank Scandal “
money laundering
North Korea Defeating U.S. Sanctions With BTC Cryptocurrencies
Author David CrowderPosted on Categories Altcoin, Banking, Bitcoin, Business, Crypto Technology, Crypto Wallet, Cryptocurrency, EthereumLeave a comment on North Korea Defeating U.S. Sanctions With BTC CryptocurrenciesNorth Korea is famous for covert operations in their struggle to defy the West and acquire nuclear weapons. For years they have engaged in a literal David versus Goliath struggle against the United States and Europe. Now two experts reveal insider information showing how the North Koreans still manage to fund their dictatorial nation state. … Continue reading “North Korea Defeating U.S. Sanctions With BTC Cryptocurrencies”
More AML-related Fraud in Banks: Need For New Crypto-friendly Regulations?
Author Ian CooperPosted on Categories Banking, Bitcoin, Blockchain, Business, Crypto Technology, Cryptocurrency, Law, News, Regulations, Scam, UncategorizedLeave a comment on More AML-related Fraud in Banks: Need For New Crypto-friendly Regulations?Authorities and officials often cite money laundering and financial scams when discussing cryptocurrencies and decentralization. However, regulations, particularly outdated policies, are largely ineffective in combating such violations. Many experts are now criticizing the old policies and regulations. These, experts claim, are largely unsuitable for the crypto sector. Credit Suisse Fails to Meet Legal Obligations regarding … Continue reading “More AML-related Fraud in Banks: Need For New Crypto-friendly Regulations?”
