The Treasury Department found nearly $9 billion in Iranian shadow banking activity. This money touched U.S. correspondent accounts throughout 2024. A big chunk moved through cryptocurrency channels that most banks weren’t watching properly. I’ve watched the regulatory landscape change from nothing into real oversight. I first thought sanctions compliance crypto work would be simple. Screen … Read more
Did you know that over 73% of cryptocurrency holders have never reported their digital asset transactions to the IRS? That’s about to change in a big way. The 2026 regulatory overhaul represents the most comprehensive shift in how Uncle Sam tracks and taxes your digital assets. I’ve been watching this space evolve since 2019. That’s … Read more
Cryptocurrency is completely legal in 33 of the 60 countries we looked at. Meanwhile, 17 countries have partial bans and 10 have full bans1. This shows how different countries view crypto regulation in various ways. It’s key to keep up with these changes. Countries are updating their laws on taxes, anti-money laundering, consumer safety, and … Read more
In 2021, criminals used cryptocurrency to launder a shocking $8.6 billion. This was a 30% jump from the year before1. Since 2017, they have cleaned over $33 billion this way. This shows how crucial it is to have strong Anti-Money Laundering (AML) rules. In the US, catching financial criminals is a top goal for groups … Read more
In 2022, illicit addresses used exchanges to turn almost $23.8 billion in cryptocurrency into cash. This was a 68% jump from the year before1. The rise in digital currency use has made regulating these vast, often hidden financial systems harder. Mainstream exchanges got nearly half of this money, even with rules in place1. This shows … Read more
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