Report Interpretation: 2023 Blockchain Anti-Money Laundering Situation
In 2023, SlowMist assisted customers, partners, and public hacks in freezing funds totaling more than $12.5 million.
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In 2023, SlowMist assisted customers, partners, and public hacks in freezing funds totaling more than $12.5 million.
This report summarizes the key regulatory compliance policies and developments in the blockchain industry in 2023, including but not limited to the global regulatory attitude towards cryptocurrency and a series of key policy changes.
Through this report, readers will be able to more comprehensively understand the dynamic evolution of the Web3 blockchain security situation and the core points of regulatory policies.
The confiscated illicit funds, totaling around about $60 million USD equivalent, are believed to stem from 314 criminal cases spanning online shopping, job scams, investments, phone fraud, and online romance scams.
Earlier this month, global financial crimes watchdog FATF urged G-7 economies like Japan to lead by example to implement its controversial "travel rule" for crypto transfers.
A single article introduced by the European Parliament to the anti-money laundering rule for commercial crypto payments has stirred Europe's digital asset industry.
Sen. Elizabeth Warren, D-Mass., said she plans to reintroduce legislation with Sen. Roger Marshall, R-Kan.
Japanese regulators are set to introduce new remittance laws that will bar criminal entities from using crypto exchanges to launder money.
The European Union plans to create a new regulator that could take a tougher stance on digital assets, experts say.
Anchorage hinted that the OCC’s actions could help establish a regulatory precedent that would encourage other companies in the space to establish federally regulated digital asset banks.