A series of ICIJ reports unearth a litany of crypto-backed criminality including people trafficking operations, drug cartels, Russian criminal gangs and crypto-to-cash storefronts around the world.
JPMorgan’s Kinexys and DBS Bank plan an interoperability system for tokenised deposits, linking their blockchain networks for 24/7 cross-border settlements.
Fintrac said the firm was fined for unreported activity including transactions tied to child sexual abuse material, fraud, ransomware payments and sanctions evasion.