The creator of AML Bitcoin indicted for – you guessed it money laundering

Money laundering and financing of terrorism have always been one of the major concerns of regulators around the globe. Certain financial services regulators have followed strict anti-money laundering (‘AML’) guidelines and conduct scrutiny of business models before providing with a decentralised ledger technology (‘DLT’) related business license, for e.g. a cryptocurrency exchange. Even following this, …

Wirecard’s end game?

The Wirecard Fiasco  From being one of the biggest fintech names in Germany to being alleged for unaccounted funds, Wirecard has been all over the news recently. Ernst and Young, Wirecard’s auditors noted almost $ 2 billion in missing funds. Over the previous 3 trading sessions, the stock of Wirecard has fallen over by 85% …