PYMNTS-MonitorEdge-May-2024

terrorism

Report: Hamas Received $41 Million in Crypto Since 2021
Report: Hamas Received $41 Million in Crypto Since 2021
October 10, 2023  |  Cryptocurrency

The recent attack on Israel by Hamas reportedly may have been funded in part by cryptocurrency.  A review of Israeli government seizure orders and blockchain...

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UN Official Martynova Says Crypto-Terror Attacks Likely on the Rise
UN Official Martynova Says Crypto-Terror Attacks Likely on the Rise
October 31, 2022  |  Cryptocurrency

Cryptocurrency crime regulation has reached international attention, according to UN officials on Monday (Oct. 31). Svetlana Martynova, a senior legal officer on the United Nations...

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Israel To Use Terrorism-Tracking Tech To Fight Virus Spread
Israel To Use Terrorism-Tracking Tech To Fight Virus Spread
March 15, 2020  |  Coronavirus

The government in Israel approved cell phone tracking in an effort to contain the coronavirus as the number of those infected rose to 213 on...

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Sudan Banks And Visa Partner To Bring Payment Systems To Country
Sudan Banks And Visa Partner To Bring Payment Systems To Country
March 03, 2020  |  VISA

Things are changing in Sudan as its banks partner with Visa to introduce payments systems after decades of being shunned by legitimate financial institutions (FIs)...

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FinCEN Releases Advisory On FATF’s List Of AML/CFT Deficiencies
FinCEN Releases Advisory On FATF’s List Of AML/CFT Deficiencies
November 14, 2019  |  AML

The Financial Crimes Enforcement Network (FinCEN) has issued an advisory to announce an updated list of jurisdictions with anti-money laundering (AML) and Countering Financing of...

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Financial Action Task Force Keeping Tabs On Libra
Financial Action Task Force Keeping Tabs On Libra
September 10, 2019  |  Cryptocurrency

The Paris-based Financial Action Task Force (FATF), an organization which acts as the standard-setter for anti-money laundering (AML) standards around the globe, said it is...

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Palestinian Terrorist Group Uses Bitcoin To Raise Money
Palestinian Terrorist Group Uses Bitcoin To Raise Money
August 19, 2019  |  Bitcoin

Hamas, the militant Palestinian group, has come up with a new way to raise funds for its terror campaigns: bitcoin. The New York Times reported...

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MoneyGram, Western Union Sued Over Downed Passenger Plane
MoneyGram, Western Union Sued Over Downed Passenger Plane
April 05, 2019  |  Legal

Four financial institutions are being sued over suspected ties to terrorists who shot down Malaysia Airlines Flight MH17 in 2014, according to The Wall Street...

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China Central Bank Creates AML Regulations For Online FIs
China Central Bank Creates AML Regulations For Online FIs
October 11, 2018  |  Regulation

The People’s Bank of China has announced new anti-money laundering (AML) and counter-terrorism financing regulations for online financial institutions (FIs). According to Reuters, the new...

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