News

The U.S. Treasury Department for the first time blacklisted a cryptocurrency exchange after finding that the Czech Republic- and Russia-based company processed millions of dollars generated from ransomware attacks, ACAMS moneylaundering.com reported. More U.S. President Joe Biden nominated Shannon Corless, a career intelligence official, as assistant secretary of terrorism and financial intelligence, a position that oversees the intelligence-gathering function of the Treasury Department's anti-financial crime division. More Coinbase abandoned the development of a cryptocurrency lending product after U.S. regulators threatened to sue the exchange for allegedly violating securities laws, the Financial Times reported. More Polish authorities arrested the former chief...