1 / 1 Relevant items tagged with #TerrorismFinancing

Posts

Virginia man convicted of funding ISIS using cryptocurrency

[Dec 17, 2024 8:23 AM] Chhipa sent $185,000 in cryptocurrency to ISIS members in Syria, funding prison escapes and fighters.

Singapore probes illegal Worldcoin accounts and token sales

[Sep 10, 2024 8:20 AM] Singapore is investigating unauthorized Worldcoin account sales as regulators raise concerns over data misuse and criminal activity.

Nigerian crypto star out on bail following police detention

[Jul 20, 2024 3:58 AM] Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector.

Singapore ups crypto exchanges risk factor in update to AML/CFT laws

[Jul 2, 2024 5:41 AM] The update aims to prevent terrorist groups and organizations from exploiting Singapore’s economic openness as an international financial, business and transport hub.

Nigeria urged to adopt crypto regulations inspired by Europe

[Jun 30, 2024 6:43 AM] Nigerian data and policy analyst Obinna Uzoije noted that a unified regulatory framework for all ECOWAS member states would offer potential crypto investors much-needed clarity.

Binance exec denied bail in Nigeria money laundering trial

[May 17, 2024 6:55 AM] Head prosecutor Ekele Iheanacho objected to bail by highlighting Gambaryan’s questionable attempt to get a new passport, allegedly due to a stolen previous one.

TRM Labs Report: Tether’s USDT Was the Go-to Stablecoin for Illicit Activities in 2023

[Mar 29, 2024 11:41 PM] A report issued by TRM Labs indicated that Tether’s USDT, the largest stablecoin in the cryptocurrency industry, was the preferred stablecoin used for illicit transactions during 2023. TRM Labs alleges that 1.6% of USDT’s volume was…

Crypto’s Role in Terrorism Financing Overestimated, Chainalysis Shows

[Oct 20, 2023 4:00 AM] Inaccurate methodologies have resulted in overstated metrics about the use of cryptocurrency by terror groups fighting Israel, according to Chainalysis. The analytics company has tried to “correct the record” on crypto’s role in terrorism financing�

Moody’s Says Forex Shortages May Force Nigerian Central Bank to Delay Repaying Local Banks

[Feb 17, 2023 3:00 PM] The persistent scarcity of foreign exchange may force the Nigerian central bank to delay repaying the $10.4 billion owed to local banks, analysts at Moody’s Investors Service have concluded. The central bank’s failure to pay its debts…

Australian Government Says It Is Working to Ensure ‘Regulation of Crypto Assets Protects Consumers’

[Feb 5, 2023 4:00 AM] The Australian government has said it will take steps to ensure the “regulation of crypto assets protects consumers” and one of these steps will be the reforming of “the licensing and custody of crypto assets.” The Anthony…

Argentina to Revamp Anti Money Laundering Law, Proposes Creation of VASP Registry

[Nov 28, 2022 5:00 AM] Argentina is preparing to revamp its anti-money laundering and terrorism financing law. It has proposed to include the creation of a registry for virtual asset services providers (VASPs) in the country as part of the new modifications. The changes…