OK Group to Work With Nanjing Police on Anti-Money Laundering Blockchain
Despite a crackdown on crypto mining, Chinese authorities are still bullish on blockchain technology.
Anti-Money Laundering
A late addition to the infrastructure bill moving through Congress would impose impossible reporting requirements on miners and wallets.
The Enforcement Directorate is investigating Chinese-operated betting apps that have collected more than $134 million over the last 10 months.
Greg Monahan joins the crypto exchange with 30 years' experience in government service, mostly as a U.S. Treasury criminal investigator.
The Israeli Bitcoin Association is opposing the proposed reporting requirement, calling it discriminatory.
Much like the deranged lead of "Censor," financial regulators are deluding themselves that centralized control will lead to a crime-free utopia.
Anti-Money Laundering
