Fintech

A wide-ranging fraud network built around sham crypto investment platforms and extensive money-laundering channels has been brought down following a sweeping Europol intervention, shutting off an ecosystem that had channelled more than EUR 700 million through counterfeit trading dashboards and complex cross-border blockchain movements. Coordinated raids across Europe exposed the full architecture of the operation, showing how digital anonymity, fabricated interfaces, and orga

Growing unease in the United Kingdom has focused on whether political donations made through digital assets could conceal the true financial source behind contributions. Officials argue that the country’s political finance rules must be updated to confront vulnerabilities that did not exist when the current framework was drafted. Scrutiny intensified after a major political party began accepting digital tokens from supporters early in 2025, triggering debate over transparency

Speaking in Rome on November 28, 2025 at the UIF Bocconi Workshop on economic crime, Paolo Angelini, Deputy Director General of the Bank of Italy, delivered a detailed examination of how rapid shifts in digital finance are transforming the mechanics of illicit money movement, creating operational blind spots that European authorities are struggling to close. He argued that the accelerating adoption of digital tools by criminals has outpaced the regulatory frameworks meant to

NICE Actimize’s move to seek a buyer marks a major shift within the financial crime technology sector, drawing renewed scrutiny toward how valuation expectations correspond with long-term performance indicators. The division is exploring strategic alternatives during a phase defined by uneven financial results, tighter capital conditions, and an evolving set of corporate priorities. This process reinforces how historical profitability, contributions to group performance, and

Nairobi’s bustling streets are now echoing with more than just the rhythm of daily life; they resonate with the hum of Bitcoin adoption, as “Bankless Bitcoin” ATMs appear in popular shopping centers. These machines represent more than a technological advance—they are a lifeline for many, enabling cash-to-crypto conversion in spaces traditionally dominated by conventional banking. Yet, beneath this surge in accessibility lies a stark reality: regulatory uncertainty threatens t

The cryptocurrency market’s dramatic downturn accelerated on Wednesday, with Bitcoin sliding to a seven-month low and pushing total losses across digital assets beyond the $1 trillion mark.   The world’s largest cryptocurrency dropped to $88,522, inflicting fresh pain on investors ranging from retail traders buying the dip to institutional digital asset firms whose valuations have been rapidly eroding.   A modest rebound followed after Nvidia delivered strong earnings, easing

Binance is redefining global assumptions about crypto crime controls after newly released figures showed a steep decline in illicit activity moving through the exchange. What many once considered an improbable shift has now positioned Binance as a leading case study in large-scale AML transformation, having pushed criminal exposure to levels rarely observed across digital trading platforms. The findings have generated significant global attention because the exchange handles

A new wave of reporting by the International Consortium of Investigative Journalists (ICIJ) indicates that bad actors have been able to channel vast sums of cryptocurrency through exchanges, brokers, and off-ramp services, with similar laundering behaviors recurring even as several platforms operated under U.S. sanctions, plea agreements, or the oversight of court-appointed monitors. ICIJ’s project, titled “The Coin Laundry,” highlights a widening gap between the data permane