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These individuals and entities lead networks that launder the proceeds of fentanyl and other narcotics trafficking activities for the Sinaloa Cartel.
Read full articleWelcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, OFAC sanctions Sinaloa Cartel’s crypto laundering group, the Venezuelan government shuts down a 4,000 ASIC mining farm, and Brazil’s Bradesco enters the crypto custody business. US Sanctions Sinaloa Cartel Network for Laundering Drug […]
The post Mexico and the EU Join Forces to Target Global Crypto Money Laundering appeared on BitcoinEthereumNews.com. Key Takeaways After securing a €5B deal, Mexico and the EU will next collaborate to curb global crypto money laundering. The talks will focus on targeting groups like the Sinaloa Cartel, which use crypto flows to launder money globally. Both governments will next advance a dialogue to deal with crypto threats. Mexico and the EU To Collaborate To Curb Crypto Money Laundering Activities Even as the use of cryptocurrency assets and digital currency to launder money from illicit activities has grown, states are also coming together to exchange information and increase vigilance on these flows. Roberto Velasco Álvarez, Mexico’s Foreign Minister, and Kaja Kallas, Vice-President of the European Commission, revealed that the two countries are examining ways to collaborate to curb crypto money laundering activities across both jurisdictions. The announcement was made during a pre
The announcement was made during the 8th EU-Mexico summit, where Mexico and the EU signed a trade agreement to decrease dependence on the U.S. The two governments would be focused on cooperating to curb this kind of crypto-linked illicit activity. Mexico and the EU To Collaborate To Curb Crypto Money Laundering Activities Even as the […]
Yields on long-dated US Treasuries are now hovering at a level that could spell bad news for stocks and other asset classes, according to multiple market strategists. HSBC says that the sell-off in bonds earlier this week propelled the 30-year Treasury yield to 5.19%, the highest level in 19 years, while the yield on the […] The post Strategists Warn Rising US Treasury Yields Could Move Even Further Into ‘Danger Zone’ – Here’s What It Means for Risk Assets appeared first on The Daily Hodl.
The alert heightens compliance demands globally, impacting shipping, digital assets, and financial systems, risking broader economic isolation. The post US Treasury warns payments for vessel passage through Strait of Hormuz risk violating sanctions appeared first on Crypto Briefing.
Waller's remarks highlight the Fed's dilemma of balancing inflation control with economic growth, complicating future monetary policy decisions. The post US Treasury yields shift after Waller’s hawkish remarks on inflation and energy prices appeared first on Crypto Briefing.
Rising Treasury yields may trigger a shift in investment strategies, reducing demand for volatile assets and impacting crypto market dynamics. The post US Treasury yields surge to highest since 2007, pushing bond investors toward alternatives appeared first on Crypto Briefing.
The U.S. government has designated twelve individuals and two companies involved in money laundering operations for the Sinaloa Cartel. The groups allegedly transformed cash coming from the sales of drugs and fentanyl in the U.S. and converted it into cryptocurrency. US Sanctions Sinaloa Cartel Crypto Money Laundering Networks On Wednesday, the U.S. government Office of […]
