Anatoly Legkodymov pleaded guilty to operating Hong Kong-registered Bitzlato as a money transmitting business that allowed criminals to launder illicit proceeds.
December 8, 2023Deputy Secretary Wally Adeyemo said Treasury is calling for legislation authorising OFAC to exercise extraterritorial jurisdiction over transactions in USD-pegged stablecoins.
December 3, 2023OFAC accused Sinbad.io of laundering cryptocurrency on behalf of North Korea's Lazarus Group and others involved in illicit online activities.
November 30, 2023The court said both South Korea and the US have met Montenegro's legal requirements for Do Kwon's extradition.
November 27, 2023The Economic Crime and Corporate Transparency Act received royal assent. The law enables crypto seizures and introduces a 'failure to prevent fraud' offence.
October 27, 2023Panellists at the Ripple x Metaco Hong Kong Policy Summit discussed the evolution of Hong Kong's regulatory framework for crypto assets.
October 27, 2023A regulatory regime for OTC crypto exchange shops is currently being considered by authorities, according to Commissioner Louise Ho.
October 23, 2023The co-founder was jailed for not cooperating with the liquidator's effort to recover funds to return to the creditors of the collapsed hedge fund.
October 3, 2023Hong Kong's growing status as a crypto hub may be an indication of the Chinese government becoming more open to digital assets, said a study by Chainalysis.
October 2, 2023The tool will also contain a comprehensive database of all known crypto exchanges worldwide, along with their contact information, for use in investigations.
September 26, 2023