Denmark’s largest bank, Danske Bank, reportedly knew that some of its Estonian branch’s clients were on the Russian government’s blacklist but did not close their accounts for two years. The bank is currently being probed by three countries over $150 billion money laundering allegations.
The German Finance Minister doubts that crypto can currently replace traditional currencies and that they are not presently “economically significant”
‘The clock is ticking for banks’: Morgan Stanley warns banks need to up their game before they get disrupted Business Insider Full coverage
When societies discuss cryptocurrencies, the argument that the decentralized and unregulated nature of the crypto space leaves the door open to abuse, like money laundering and financial fraud, is often put forward by officials and authorities.
A Spanish blockchain company will develop blockchain solutions for the Aragonese government’s public administration
Bitcoin Processes More Transaction Value Than Visa, Says Latest Report OracleTimes Full coverage
The Ukrainian parliament is considering a bill, which would introduce a tax regime on cryptocurrencies at five percent and increase to 18 percent in 2024
Bitcoin Appetite: Nasdaq is Acquiring Crypto-Friendly Swedish Exchange Cinnober CCN Full coverage
This week Dutch authorities revealed to the public that the Netherlands’ largest financial services provider, ING, had violated numerous money laundering laws because they didn’t scrutinize unusual transactions and certain accounts.
Ripple official: China to overtake USA in Fintech investments, become a global leader in finance AMBCrypto Full coverage