In brief
Germany’s FIU revealed that anti-money laundering reports involving crypto are up 8.2% year-on-year.
The FIU said that cryptocurrencies have become a key component of international money laundering structures.
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Goldman Sachs-backed cryptocurrency custody firm BitGo is the latest cryptocurrency company to secure regulatory approval to operate across the European Union.Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), granted…
German law enforcement seized 34 million euros ($38 million) in cryptocurrency from eXch, a cryptocurrency platform allegedly used to launder funds stolen after Bybit’s record-breaking $1.4 billion hack.The seizure, announced…