Cryptocurrency Exchange Hacking Jumped 250% YTD, Says Report

A report on cryptocurrency theft published by cyber security firm CipherTrace found that hacking of exchanges and trading platforms has jumped 250 percent in the first nine months of 2018 on a year-over-year basis, reaching $927 million. $2.5 Billion Laundered

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International AML Task Force to Close “Gaps” Created by Virtual Currencies

The Financial Action Task Force (FATF), an intergovernmental organization founded in 1989 on the initiative of the G7 to combat anti-money laundering (AML), may be about to agree with a set of standards to apply to virtual currencies. President Marshall Billingslea

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EU Parliament Votes to Tighten Controls on Cryptocurrencies and Require Registration of Exchanges

Today, April 20th, EU Parliament voted in a December agreement by 574 votes to 13 votes (with 60 abstentions), which proposed tighter regulation for digital currencies in attempts to prevent the coins from being used for money

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Taiwan’s Central Bank Governor: Bitcoin Should be Regulated by Anti-Money Laundering Laws

The Governor of Taiwan’s central bank has said that bitcoin transactions should be regulated by anti-money laundering regulations, according to a report. Yang Chin-long, the Governor of the Central Bank of Taiwan, suggested during a meeting held by Taiwan’s legislative arm

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