Crypto money laundering up threefold in 2018

ByJulian Robberts

Report published by American Banker Three times more cryptocurrency was stolen from exchanges in the first half of 2018 than all of 2017, with a corresponding boost in money laundering related to crypto, according to a report released Tuesday by CipherTrace. The results appear to confirm fears by bankers who stay away from cryptocurrency business…

Financial crime undercuts Africa’s economic growth gains

ByJulian Robberts

Africa needs a common approach to financial crime, and the resolve to enforce legislation and regulations. By Martin Ewi for ISS TODAY  First published by ISS Today Financial crime in developing countries, particularly Africa, is on the rise, undermining gains in economic growth and negatively affecting development. This is particularly worrying on a continent whose countries are…