FATF warns offshore crypto firms create money laundering and sanctions gaps
In recent developments, a new FATF report says crypto exchanges operating offshore can create gaps in AML enforcement, making it harder for regulators to track illicit activity. Looking closer, market…
South Africa Tax Collector Deploys New Tech to Track Crypto and Offshore Assets
In recent developments, south African crypto-asset service providers must now transmit detailed transaction data directly to the revenue collector, allowing for precise automated reconciliation and targeted audits. The End of…
Mysterious Offshore Entity Takes $436M Position in Blackrock’s Bitcoin ETF
In recent developments, a little-known offshore entity has stepped into the spot bitcoin exchange-traded fund (ETF) arena with a $436 million position, instantly becoming one of the largest new institutional…
