Reported by Reuters French investigators said on Tuesday they had opened a judicial probe into money laundering, tax fraud and other charges at Binance, the world’s largest cryptocurrency exchange, which said it denied the allegations. The economic and financial crime section of the Paris public prosecutor’s office (JUNALCO) said in a statement that the probe includes […]

Reported by Greg Baer and Gregg Rozansky Debanking, the practice of banks closing customer accounts due to compliance concerns, has garnered attention recently. A key driver of this issue is the Currency Transaction Report (CTR) regime, which requires banks to report large cash transactions of $10,000 or more. This system, designed to combat financial crimes, […]