Fintech News

JULY 17, 2024

A recent comprehensive report by Chainalysis sheds light on the intricate world of crypto-related money laundering. The Scale of Crypto Money Laundering The magnitude of crypto-related money laundering is staggering. Usage of mixers peaked in 2022, with over US$1.5 billion of value received in April alone.

Money Laundering 109

Money Laundering Law Enforcement AML Non-Bank 109

Neopay

JULY 18, 2024

The European Banking Authority (EBA) issued new Guidelines on the so-called ‘travel rule’, i.e. the information that should accompany transfers of funds and certain crypto assets. This rule will help tackle the abuse of such transfers for money laundering and terrorist financing purposes.

Travel Rule 52

Travel Rule Money Laundering Rules Finance 52

Finextra

JULY 4, 2024

The European Banking Authority (EBA) issued today new Guidelines on the so-called ‘travel rule’, i.e. the information that should accompany transfers of funds and certain crypto assets. This rule will help tackle the abuse of such transfers for money laundering and terrorist financing purposes.

Travel Rule 52

Travel Rule Rules Money Laundering Authorization 52

The Paypers

JULY 8, 2024

The European Banking Authority (EBA) has expanded its Travel Rule guidelines to include cryptocurrency service providers and intermediaries.

Travel Rule 45

Travel Rule Money Laundering Rules Cryptocurrency 45

Neopay

NOVEMBER 27, 2023

The European Banking Authority (EBA) has launched a public consultation on new Guidelines on preventing the abuse of funds and certain crypto-assets transfers for money laundering and terrorist financing purposes. The consultation runs until 26 February 2024.

Money Laundering 52

Money Laundering Consulting Finance Travel Rule 52

PYMNTS

DECEMBER 10, 2020

Government regulators and cryptocurrency exchanges are frantically looking for ways to regulate and prevent the laundering of stolen money through cryptocurrencies, with some methods showing more promise than others. How Money Launderers Exploit Cryptocurrency. or the U.S.,

AML 88

AML Cryptocurrency Money Laundering Compliance 88

The Payments Association

MAY 9, 2025

Correspondent banking: A persistent blind spot The structural opacity of correspondent banking makes it a prime target for abuse by money launderers, sanctions evaders, and other illicit actors. In the UK, following Brexit, the Money Laundering & Terrorist Financing (Amendment) (No.

Correspondent Bank 88

Correspondent Bank Correspondent ISO 20022 Wire Transfer 88