How crypto compliance teams should respond to FinCEN's IRGC alert
On May 11, the US Treasury's Financial Crimes Enforcement Network (FinCEN) issued an alert describing how Iran's Islamic Revolutionary Guard Corps (IRGC) uses digital assets, front companies and shadow banking networks t...
On May 11, the US Treasury's Financial Crimes Enforcement Network (FinCEN) issued an alert describing how Iran's Islamic Revolutionary Guard Corps (IRGC) uses digital assets, front companies and shadow banking networks to evade sanctions and launder the proceeds of illicit oil sales.
Original source
Read on EllipticRelated market context
Crypto Laundering Network Linked To Ransomware Gangs Dismantled By Law Enforcement
TL;DR Chainalysis says law enforcement has dismantled AudiA6, a crypto laundering network linked to ransomware and darknet activit...
Global Law Enforcement Dismantles ‘AudiA6’ Crypto Laundering Network Linked to Ransomware Gangs
Summary An international coalition of law enforcement agencies, including the U.S. DOJ, Secret Service, Europol, CBZC, and others,...
CFTC’s Mike Selig Vows to End Regulation by Enforcement as He Steers US Crypto Solo
Commodity Futures Trading Commission (CFTC) Chair Mike Selig said crypto markets have “for too long” operated under uncertainty, v...
BitGo Launches Lightning Earn to Let Institutions Put Bitcoin to Work on Lightning Network
Bitcoin Magazine BitGo Launches Lightning Earn to Let Institutions Put Bitcoin to Work on Lightning Network BitGo, an OCC-regulate...
Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem
Bitcoin Magazine Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem Metaplanet Inc., Japan’s large...
Fars News Agency denies reports of US-Iran agreement, raising questions for crypto sanctions landscape
The denial of a US-Iran deal highlights ongoing geopolitical tensions, impacting crypto markets and potentially altering sanctions...