The FBI announces the creation of a dedicated international corruption squad based in its Miami Field Office.
JPMorgan Chase isn’t the only bank that has been working on a cryptocurrency. Citigroup was as well, but ultimately decided to scrap it instead of bringing it to market.
The U.S. Department of the Treasury has sanctioned a Moscow-based bank over its role in financing Venezuela’s controversial petro cryptocurrency.
Responding to calls for more bank services for low-income consumers, JPMorgan Chase on Monday began offering checkless accounts with access to its mobile app, branches and ATMs for $4.95 a month and no minimum balance.
The potential role of high-end art and antiquities in money laundering schemes has attracted increasing attention over the last several years, particularly as the prices for such objects steadily rise and a tightening global enforcement and regulatory net has rendered other possible avenues for money laundering increasingly less attractive.
Canadian regulators are proposing new rules to govern cryptocurrency exchanges and prevent users of such trading platforms from losing access to their funds.