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NEWS: Crypto trading exchanges connected to rise in AML activity – FinCEN report

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NEWS: Austria’s Raiffeisen drops bid to buy Russian tycoon industry stake

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NEWS: Former bank employee suspected of recruiting 40 money mules for ‘Black Axe’ industrial fraud gang

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NEWS: Nigeria plans additional rules to combat illegal trading in digital assets

By Alisha Houlihan for AMLi

A growing number of suspicious activities reports from several San Francisco-based financial companies has been recorded by the US Government’s AML system, according to a new federal data report.  

The report shows that several of the world’s leading cryptocurrency trading exchanges are listed, having filed an increasing number of Suspicious Activity Reports (SARs) in 2021. 

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NEWS: Austria’s Raiffeisen drops bid to buy Russian tycoon industry stake

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NEWS: Former bank employee suspected of recruiting 40 money mules for ‘Black Axe’ industrial fraud gang

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NEWS: Nigeria plans additional rules to combat illegal trading in digital assets

Regulatory Watch News

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    On 8 May 2024 the Foreign, Commonwealth and Development Office updated the UK Sanctions List on GOV.UK. This list provides details of those designated under regulations made under the Sanctions Act. The following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze and trust services sanctions:

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