Brian Nelson was grilled during a House Financial Services Committee hearing providing oversight of the Financial Crimes Enforcement Network (FinCEN) and the Office of Terrorism and Financial Intelligence, according to a press release…
U.S. Senators Mitt Romney, Mark R. Warner, Mike Rounds, and Jack Reed have introduced the Terrorism Financing Prevention Act. The bipartisan legislation aims to strengthen sanctions against foreign entities facilitating financial transactions with…
USDC stablecoin issuer Circle has denied claims of illicit financing and ties to Tron founder Justin Sun, according to an open letter accessed from Circle’s blog on Nov. 30. A non-profit watchdog group…
Europe’s leading Bitcoin miner and data cloud provider – Northern Data – announced securing EUR 575 million (worth over $609 million) debt financing facility from stablecoin issuer, Tether after entering into a loan…
U.S. Deputy Treasury Secretary Wally Adeyemo confirmed in a speech on Friday that crypto plays a relevant, but still relatively minor role in global terrorist financing operations. His comments bear a stark contrast…