News

The Financial Transactions and Reports Analysis Centre of Canada imposed a record penalty of nearly $20 million on Peken Global Limited, more commonly known as KuCoin, for failing to register as a money services business and report suspicious transactions, the Globe and Mail reported. More and More The EU censured 11 member states for failing to transpose the bloc's standards for beneficial ownership into national legislation, MLex reported. More Blockchain analytics company Elliptic has found that perpetrators of pig-butchering schemes increasingly pool victims' funds into self-hosted wallets before laundering them in earnest, according to research by Elliptic cited by CoinDesk....