Money Laundering

bank of russia
Bank of Russia: Bitcoin Should Not Be Rejected
The Bank of Russia issued new statements suggesting it is still evaluating its treatment of bitcoin and digital currencies.
bank of russia

word game clarity
The Bitcoin Word Game
How specific words and phrases are being crafted in an attempt to shape the public's perception of bitcoin.
word game clarity

square peg round hole
Why Know-Your-Customer Rules Won't Work With Bitcoin
Know Your Customer rules exemplify why moulding bitcoin into the current regulatory framework won't work, argues Ariel Deschapell.
square peg round hole

crime
Lawyers Want Bitcoin Money Laundering Charges Dropped on Technicality
Lawyers representing two Florida men charged with bitcoin-related money laundering want to have the charges dropped on a technicality.
crime

Bulgaria
Bulgarian Bitcoin Tax Guidance May Leave Money-Laundering Loophole
Bulgaria has announced it will tax digital currencies as income, but some have concerns over documentation requirements.
Bulgaria

Miami
Will Florida’s Money Laundering Laws Apply to Bitcoin?
Lawyers of two men arrested for bitcoin transactions claim state legislation only applies to fiat, but are they right?
Miami

dollars
Australian Government Tracks All Bitcoin to AUD Conversions
The Australian government is keeping a close eye on bitcoin – tracking every BTC to AUD conversion, and vice-versa.
dollars

italy
Italian Amendment Would Treat Bitcoin Like Cash
The amendment would track bitcoin transactions exceeding €1,000 to abide by the nation’s anti-money laundering laws.
italy

malware bitcoin
Malware gang steals $1.4 Million and sets up bitcoin exchange to launder it
Four men used malware to steal from 150 bank accounts and created a bitcoin exchange to launder the loot.
malware bitcoin

Money roll
Thomson Reuters publishes white paper on digital currencies and money laundering
The Financial Action Task Force estimates money laundering at between two and five percent of global GDP, i.e. $1.38 trillion to $3.45 trillion.
Money roll