Anti-Financial Crime & Financial Crime Compliance
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Analysis, CFT, Crypto, Financial Crime, Financial Services

NEWS: FinCEN wants to step up scrutiny of crypto mixers in offensive against Hamas, cybercrime groups

By AML Intelligence Correspondent FinCEN today (Thursday) proposed increasing transparency around crypto “mixers” to combat the use of the tool by groups like the Palestinian militant group Hamas. If finalized, the rule would require financial firms to report information about transactions that they suspect involve crypto mixers, which are anonymized software tools that allow users…

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