FinCEN Lambasts Iran’s ‘Illicit and Malign’ Use of Crypto to Evade Sanctions

The U.S. Financial Crimes Enforcement Network (FinCEN) has issued an advisory calling on cryptocurrency exchanges to monitor Iranian use of crypto to evade sanctions. The U.S. Financial Crimes Enforcement Network (FinCEN) is calling on cryptocurrency exchanges to monitor Iranian use of crypto to evade sanctions. The agency requested this in an advisory issued Thursday, Oct. […]

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Indian Gov’t Is ‘Evaluating’ the Launch of Its Own Cryptocurrency, Sources Say

The panel that was set up by India’s Ministry of Finance in 2017 will reportedly evaluate the possibility of issuing a state-backed cryptocurrency. Indian government is “evaluating” the possibility of issuing a state-backed cryptocurrency, sources have told local news outlet Quartz India on Wednesday, Oct. 10. An unnamed “senior official” has told Quartz that the […]

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