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Swiss Crypto Bank AMINA Granted Hong Kong Licence to Serve Institutions
Swiss crypto bank AMINA Bank AG has received approval from Hong Kong’s Securities and Futures Commission to offer institutional digital asset trading and custody through its AMINA Hong Kong subsidiary. The licence allows the bank to support around 13 cryptocurrencies and marks a notable step in the city’s strategy to expand regulated access for...
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Probe Agency Attaches Rs 51.70 Dubai-Based Assets In SBI Fraud Case
The Enforcement Directorate (ED) has attached nine luxurious foreign immovable properties located in Dubai (UAE) in the Rs 1266.63 crore State Bank of India (SBI) fraud case allegedly done by Advantage Overseas Private Limited (AOPL).
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US Lifts Sanctions On Bosnian Serb Leader Dodik, Citing 'Defused Crisis'
The US Treasury Department on Wednesday lifted sanctions on Bosnian Serb nationalist leader Milorad Dodik, his allies, and family members and companies related to them, the Office of Foreign Assets Control announced.
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UK Billionaire Nik Storonsky Moves To UAE, Becomes The Latest Ultra-Rich CEO To Leave London
Britain's Billionaire Exodus: His departure is part of a growing trend of ultra-wealthy individuals leaving the UK due to tax policy changes.
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US Sanctions Over 50 Firms, Including Indian Nationals, Over Iran Oil Trade
The US Department of the Treasury's Office of Foreign Assets Control (OFAC) on Thursday announced sanctions against more than 50 individuals, entities, and vessels for facilitating Iranian oil and LPG sales and shipments from Iran.
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Probe Agency Arrests Conversion Gang Mastermind Chhangur Baba's Aide
A special PMLA court in Lucknow granted custody of Naveen Rohra, an alleged aide of Chhangur Baba, to the ED as part of a money-laundering investigation linked to an alleged illegal religious conversion racket in Uttar Pradesh, official sources said.
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Fake Call Centre Scammed Foreigners, Busted. Assets Attached By Enforcement Directorate
The Patna zonal office of the Enforcement Directorate (ED) has provisionally attached movable and immovable properties worth approximately Rs 2.83 crore under the Prevention of Money Laundering Act (PMLA), 2002.
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Probe Agency ED Raids Congress MLA Subba Reddy's Properties In Bengaluru
The Directorate of Enforcement (ED) was conducting raids on the residence and properties of three-time Congress MLA S.N. Subba Reddy in Bengaluru on Thursday.
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UK Bolsters Web3 Investigations, Appoints First Crypto Intelligence Specialist to Insolvency Service
The UK government appointed Andrew Small as the first crypto specialist in the Insolvency Service, which is responsible for the recovery and tracing assets linked to bankrupt individuals or liquidated companies. In the past five years, the number of insolvency cases involving crypto as a recoverable asset have clocked a massive increase of 420 perc...
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Google Play Store Blocks 17 Unregistered Crypto Exchanges in South Korea, Apple May Follow
Google Play has restricted access to 17 foreign crypto exchanges in South Korea, including KuCoin, in compliance with a regulatory directive. These exchanges can no longer be installed on Android devices within the country. The move aligns with South Korea’s efforts to regulate the digital asset market and enforce compliance among overseas platfo...
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30,000 Taxpayers Declare Foreign Assets Worth More Than 29,000 Crores: Sources
The number of taxpayers disclosing foreign assets and income voluntarily has witnessed a steep rise in the last few years, according to government data.
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US Court Reverses OFAC’s Sanctions Against Crypto Mixer Tornado Cash
On January 21, the US District Court for the Western District of Texas reversed OFAC’s sanctions against Tornado Cash. The US Treasury’s Office of Foreign Assets Control (OFAC) levied sanctions against the platform in 2022 for allegedly becoming a solution for money launderers to move illegal funds around.
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Iran Hopes Prisoner Swap With US Will Happen Today After Assets Unfrozen
Iran hopes that a prisoner swap with the United States will go ahead Monday, once Tehran gains access to $6 billion frozen by US ally South Korea, the Iranian foreign ministry said.
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Rs 37-Crore Asset Of Goa Miner's Son Seized In 'Pandora Papers' Probe
The Enforcement Directorate today said it has seized an asset worth Rs 36.8 crore of a Goa-based miner's son as part of its investigation into 'Pandora Papers' leaks which "revealed" his alleged undisclosed foreign exchange dealings outside India.
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Bungalows, Cars Worth $734.32 Million Seized In Singapore Money Laundering Case
Singapore's police said they have seized S$1 billion ($734.32 million) in assets from a gang of foreigners laundering proceeds from organised crime, including plush bungalows in the most sought-after addresses, bundles of cash,
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Swiss Crypto Bank AMINA Granted Hong Kong Licence to Serve Institutions
Swiss crypto bank AMINA Bank AG has received approval from Hong Kong’s Securities and Futures Commission to offer institutional digital asset trading and custody through its AMINA Hong Kong subsidiary. The licence allows the bank to support around 13 cryptocurrencies and marks a notable step in the city’s strategy to expand regulated access for...
-
Probe Agency Attaches Rs 51.70 Dubai-Based Assets In SBI Fraud Case
The Enforcement Directorate (ED) has attached nine luxurious foreign immovable properties located in Dubai (UAE) in the Rs 1266.63 crore State Bank of India (SBI) fraud case allegedly done by Advantage Overseas Private Limited (AOPL).
-
US Lifts Sanctions On Bosnian Serb Leader Dodik, Citing 'Defused Crisis'
The US Treasury Department on Wednesday lifted sanctions on Bosnian Serb nationalist leader Milorad Dodik, his allies, and family members and companies related to them, the Office of Foreign Assets Control announced.
-
UK Billionaire Nik Storonsky Moves To UAE, Becomes The Latest Ultra-Rich CEO To Leave London
Britain's Billionaire Exodus: His departure is part of a growing trend of ultra-wealthy individuals leaving the UK due to tax policy changes.
-
US Sanctions Over 50 Firms, Including Indian Nationals, Over Iran Oil Trade
The US Department of the Treasury's Office of Foreign Assets Control (OFAC) on Thursday announced sanctions against more than 50 individuals, entities, and vessels for facilitating Iranian oil and LPG sales and shipments from Iran.
-
Probe Agency Arrests Conversion Gang Mastermind Chhangur Baba's Aide
A special PMLA court in Lucknow granted custody of Naveen Rohra, an alleged aide of Chhangur Baba, to the ED as part of a money-laundering investigation linked to an alleged illegal religious conversion racket in Uttar Pradesh, official sources said.
-
Fake Call Centre Scammed Foreigners, Busted. Assets Attached By Enforcement Directorate
The Patna zonal office of the Enforcement Directorate (ED) has provisionally attached movable and immovable properties worth approximately Rs 2.83 crore under the Prevention of Money Laundering Act (PMLA), 2002.
-
Probe Agency ED Raids Congress MLA Subba Reddy's Properties In Bengaluru
The Directorate of Enforcement (ED) was conducting raids on the residence and properties of three-time Congress MLA S.N. Subba Reddy in Bengaluru on Thursday.
-
UK Bolsters Web3 Investigations, Appoints First Crypto Intelligence Specialist to Insolvency Service
The UK government appointed Andrew Small as the first crypto specialist in the Insolvency Service, which is responsible for the recovery and tracing assets linked to bankrupt individuals or liquidated companies. In the past five years, the number of insolvency cases involving crypto as a recoverable asset have clocked a massive increase of 420 perc...
-
Google Play Store Blocks 17 Unregistered Crypto Exchanges in South Korea, Apple May Follow
Google Play has restricted access to 17 foreign crypto exchanges in South Korea, including KuCoin, in compliance with a regulatory directive. These exchanges can no longer be installed on Android devices within the country. The move aligns with South Korea’s efforts to regulate the digital asset market and enforce compliance among overseas platfo...
-
30,000 Taxpayers Declare Foreign Assets Worth More Than 29,000 Crores: Sources
The number of taxpayers disclosing foreign assets and income voluntarily has witnessed a steep rise in the last few years, according to government data.
-
US Court Reverses OFAC’s Sanctions Against Crypto Mixer Tornado Cash
On January 21, the US District Court for the Western District of Texas reversed OFAC’s sanctions against Tornado Cash. The US Treasury’s Office of Foreign Assets Control (OFAC) levied sanctions against the platform in 2022 for allegedly becoming a solution for money launderers to move illegal funds around.
-
Iran Hopes Prisoner Swap With US Will Happen Today After Assets Unfrozen
Iran hopes that a prisoner swap with the United States will go ahead Monday, once Tehran gains access to $6 billion frozen by US ally South Korea, the Iranian foreign ministry said.
-
Rs 37-Crore Asset Of Goa Miner's Son Seized In 'Pandora Papers' Probe
The Enforcement Directorate today said it has seized an asset worth Rs 36.8 crore of a Goa-based miner's son as part of its investigation into 'Pandora Papers' leaks which "revealed" his alleged undisclosed foreign exchange dealings outside India.
-
Bungalows, Cars Worth $734.32 Million Seized In Singapore Money Laundering Case
Singapore's police said they have seized S$1 billion ($734.32 million) in assets from a gang of foreigners laundering proceeds from organised crime, including plush bungalows in the most sought-after addresses, bundles of cash,
