Vctrade, the cryptocurrency exchange owned by Japanese financial giant SBI Holdings, started accepting crypto deposits. Vctrade, a crypto exchange recently launched by Japanese financial giant SBI Holdings, has implemented Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) deposits. The company has revealed this in a press release published Dec. 21. The announcement further notes that the… Continue reading SBI Holdings’ Crypto Exchange Vctrade Accepts Bitcoin, Ethereum, Ripple Deposits
Category: Money Laundering
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Reported Crypto Laundering Cases in Japan Reach 6,000, Eight Times Higher Than 2017
The National Police Agency (NPA) of Japan has estimated that there were around 6,000 cases of suspected money laundering relating to crypto in the nation in the first three quarters of 2018. This figure is more than eight times that of the final nine months of the previous year. Japan’s Crypto Exchange Required to Report… Continue reading Reported Crypto Laundering Cases in Japan Reach 6,000, Eight Times Higher Than 2017
Estonia: Amendments to Anti-Money-Laundering Regulations Will Tighten Crypto Regulation
The Estonian Ministry of Finance is about to add amendments to the national AML regulation, bringing tighter cryptocurrency regulation. The Estonian Ministry of Finance will shortly add amendments to a recently-passed financial bill that are meant to “tighten” crypto-related regulation, Estonian financial newspaper Äripäev reports Nov. 28. According to the article, a new version of… Continue reading Estonia: Amendments to Anti-Money-Laundering Regulations Will Tighten Crypto Regulation
India: Former Legislator Remanded in Custody in Connection With Bitcoin Extortion Case
Former Indian politician Nalin Kotadiya has been remanded in custody for his alleged involvement in a 200 BTC extortion case. Nalin Kotadiya, a Bharatiya Janata Party (BJP) official and former Member of the Legislative Assembly (MLA), has been remanded in custody for ten days in connection with a $1.3 million Bitcoin (BTC) extortion case, the… Continue reading India: Former Legislator Remanded in Custody in Connection With Bitcoin Extortion Case
South Korean Official Proposes Greater Cooperation for Global Crypto Regulation
An official from South Korea’s Financial Supervisory Service (FSS) has urged for international cooperation between regulators on crypto. An official from South Korea’s Financial Supervisory Service (FSS) has proposed greater international cooperation between regulators for crypto and Initial Coin Offering (ICO) regulation, local news outlet Asian Economic TV reports Friday, September 7. Yoon Suk-heun, governor… Continue reading South Korean Official Proposes Greater Cooperation for Global Crypto Regulation