Dutch prosecutors are pursuing as many as 15 cases against individuals suspected of using digital currencies and "tumblers" to conceal the flow of illicit proceeds between online black markets and the mainstream banking system, according to a senior official.
New York gave a Bitcoin company the green light to operate under state regulations Thursday, in what may be the first in a series of charters intended to mitigate concerns about virtual currencies.
Virtual currency businesses operating in New York may soon have to obtain special licenses and establish anti-money laundering, cyber security and consumer protection programs, the state's banking regulator announced Thursday.
U.S. officials have sent formal warning letters to a number of virtual currency firms it suspects have failed to register as money services businesses, the head of the nation's financial intelligence unit said Tuesday.