• Finland hotspot illegal Bitcoin
    Finland may have a low murder rate, but scammers are making a killing (Photo: Dave Grubb/Flickr))
    Bitcoin,  Europe,  United States

    CipherTrace: Finland a hotspot for illegal Bitcoin

    The tranquil Scandinavian nation is home to the Northern Lights, but down on the ground it’s also a haven for darknet scammers attempting to cash out; CipherTrace report finds $1.4 billion lost this year, criminals getting savvy to anti-money laundering

    June 4, 2020 /

    CipherTrace says 12.1% of Bitcoin funds sent to Finnish exchanges come directly from criminal sources. As a percentage, that’s the highest worldwide, making Finland a hotspot for illegal Bitcoin. LocalBitcoins, a peer-to-peer crypto marketplace, is partly to blame. It is based in the Finnish capital of Helsinki, and received 99% of these ill-gotten funds, according to a report.

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  • New Jersey regulate crypto
    Crypto can benefit from New Jersey's favorite pastime: poaching businesses from New York (Photo: Wikimedia)
    Politics,  Regulation

    Head start for bill to regulate New Jersey crypto companies

    A well-connected sponsor and the opportunity to poach New York-based companies gives the ‘even-handed’ bill a head start

    February 25, 2020 /

    A new bill seeking to regulate New Jersey crypto companies working with digital assets and financial services is a big improvement over last year’s version, industry insiders said this week.

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