Russian Supreme Court Classifies Illicit Crypto Use Under Money Laundering Laws

The Russian Supreme Court has approved amendments to its anti-money laundering decree, making crypto laundering criminally punishable. The Russian Supreme Court has included the illicit use of cryptocurrencies in the list of criminal offences related to money laundering, local legal news site Pravo reported on Tuesday, Feb. 26. The court has introduced new amendments to […]

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Canadian Banks Wary of QuadrigaCX Assets’ Origins, Cite Money Laundering Concerns

Canadian banks showed hesitation concerning the management of insolvent cryptocurrency exchange QuadrigaCX’s assets. Canadian banks have showed hesitation concerning the management of insolvent cryptocurrency exchange QuadrigaCX’s assets, national public broadcaster CBC reports on Feb. 22. QuadrigaCX has faced financial difficulty following the sudden death of its founder Gerry Cotten, who was the allegedly only one […]

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Canadian Judge Delays Decision on Legal Representation for QuadrigaCX Clients

A Nova Scotia Supreme Court judge has delayed a decision on legal representation for clients of major Canadian cryptocurrency exchange QuadrigaCX. A Canadian judge has delayed a decision on legal representation for customers of major Canadian cryptocurrency exchange QuadrigaCX. The news was tweeted by Canadian Broadcasting Corporation reporter Jack Julian on. Feb. 14. On Thursday, […]

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