US, Germany shut ChipMixer for alleged ties to US$3 bln crypto laundering

US, and German shuttered ChipMixer, a cryptocurrency service that allegedly laundered more than US$3 billion in crypto since 2017.

• 2023-03-16
• money laundering U.S. Department of Justice

India's money laundering rules to apply to crypto trade - gov't notification

India's money laundering laws will apply to trade in cryptocurrencies, the federal government said in a notification dated March 7. The exchange between virtual digital assets and fiat currencies, the exchange between one or more forms of virtual digital assets and the transfer of digital assets will be covered under money laundering laws, the notification said. The safekeeping or administration of virtual digital assets and the participation in financial services related to the offer and sale

• 2023-03-08
• money laundering digital assets India Reserve Bank of India