Financial Crime
EU Boosts Crypto AML Efforts With New Europol Financial Crime Chief
Europe will appoint Giuseppe Lopez as head of Europol’s financial crime unit, signaling a stepped-up focus on anti-money-laundering enforcement that includes crypto. The move is expected to sharpen cross-border investigations and coordination with industry and analytics providers.
Published at 2025-11-28 03:00:08
Canada Imposes $126 Million Fine on Cryptomus for Anti-Money Laundering Violations
Cryptomus, operated by Xeltox Enterprises Ltd., has been fined C$176.96 million by Canada's FINTRAC for failing to report thousands of large transactions linked to fraud and illicit activities, marking one of the most significant AML enforcement actions in the country.
Published at 2025-10-23 11:16:50