Loading...
tr eur-usd
EURO/USD
0.04%
Euro US Dollar
1,16 TRY
btc
BTC
-1.77%
Bitcoin
105.266,68 USDT
eth
ETH
-3.31%
Ethereum
2.552,72 USDT
bch
BCH
-1.20%
Bitcoin Cash
460,82 USDT
xrp
XRP
-2.04%
Ripple
2,21 USDT
ltc
LTC
-2.87%
Litecoin
85,44 USDT
bnb
BNB
-0.55%
Binance Coin
652,83 USDT
sol
SOL
-4.61%
Solana
149,37 USDT
avax
AVAX
-4.26%
Avalanche
18,90 USDT
ada
ADA
-3.99%
Cardano
0,62 USDT
dot
DOT
-4.58%
Polkadot
3,76 USDT
doge
DOGE
-3.72%
Dogecoin
0,17 USDT
KriptoBoss.com
featured
  1. News
  2. Crypto News
  3. Swiss regulator FINMA flags surge in crypto ‘stablecoins’ fueling money laundering

Swiss regulator FINMA flags surge in crypto ‘stablecoins’ fueling money laundering

Switzerland’s Financial Regulator Warns of Potential Rise in Illicit Use of ‘Stablecoin’ Cryptocurrencies

Concerns Raised by FINMA Report

Switzerland’s financial regulator has issued a warning about the possible increase in the use of ‘stablecoin’ cryptocurrencies for illicit finance. The Swiss Financial Market Supervisory Authority (FINMA) has highlighted this concern in a recent report.

Focus on Politically Exposed Persons

The report also indicates that FINMA has intensified its on-site inspections to tackle illicit finance, with a particular focus on addressing concerns related to “politically exposed persons.” This move underscores the regulator’s commitment to cracking down on financial crime.

Subscribe for Unlimited Access

If you want unlimited access to AML Intelligence for the latest analysis, opinions, and breaking news in the sector, consider subscribing. Subscription includes access to our Global Bank Fines & Penalties database, as well as free entry to our Boardroom Series and more. Subscribe now to stay informed!

Swiss regulator FINMA flags surge in crypto ‘stablecoins’ fueling money laundering
Comment
Disclaimer:

The information in the article is for informational purposes only. It does not constitute any investment advice. The author and CryptoBlockNews.com are not responsible for your profits or losses arising from your investments. Investment is ultimately based on many foundations such as knowledge, accumulation, experience, research and personal decisions.
ADS Banner

Your email address will not be published. Required fields are marked *


ADS Banner
KAI ile Haber Hakkında Sohbet