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Midweek Roundup: Vatican Chargers Former FIU Chief, Global Regulators Target Binance, and More

Vatican authorities charged the former head of the Holy See's financial intelligence unit, an Italian cardinal and eight others with embezzlement, fraud, money laundering and other crimes stemming from their alleged involvement in a suspicious real estate deal in London, Reuters and Vatican News reported. More and More Regulators in Europe, Asia and North America are tightening scrutiny of Binance, a cryptocurrency exchange that incorporated in the Cayman Islands but processes trillions of dollars in transactions through a decentralized, global network of semi-autonomous affiliates with questionable controls against financial crime, the Financial Times reported. More Barclays blocked U.K. customers from...

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