Tag: Money Laundering
ICE Agent Claims Bitcoin Becomes More Popular for Money Laundering Purposes
For as long as people can remember, there have been allegations regarding Bitcoin and money laundering. So far, there has been very little evidence of…
India’s Central Bank: We Won’t be Using Bitcoin for Payments or Settlements
An executive director at India’s central bank has said that it won’t be accepting bitcoin for its payments or settlements, further clarifying its position on…
BTC-E Exchange Suffers Major Blows as Operator is Charged With Money Laundering
The past few days have been rather horrible for BTC-E and its customers. Not only did the company suffer from a major outage, but the…
DoJ Arrests Sixeteen People Involved In Non-Bitcoin Money Laundering Scams
Laundering money remains one of the most popular activities among criminals all over the world. Even though the chances of getting caught are very real,…
Malaysia Shows An Appetite For Bitcoin Amidst Money Laundering Investigations
Bitcoin trading is going through peaks and lows everywhere in the world at some point in history. Over the past few weeks, however, some countries…
Spanish Police Seize Luxury Goods and 78 Bitcoins
Police and tax authorities arrested 30 individuals in Spain for suspected money laundering and pirated TV content. Police said the suspects had six of the largest…
FinCEN and IRS to Create Bitcoin Training Program for Tax Examiners
Bitcoin, since its inception has managed to gather a lot of dirt due to its usage for criminal activities. Bitcoin is notoriously known for its…
Bitcoin Banned in Mexico! Really??
There has been doubts about the exact legal status of bitcoin in Mexico. There have been few reports stating that the Government of Mexico has…
Nigeria Needs Digital Currency Regulations
Nigeria may soon introduce digital currency regulations to keep a check on money laundering and also to avoid any international penalties. The call for introduction…
