WASHINGTON : The U.S. Treasury Department's Financial Crimes Enforcement Network on Wednesday said it has identified virtual currency exchange Bitzlato Ltd as a"money laundering concern" related to Russian illicit finance.
The agency's FinCEN unit has issued an order prohibiting certain transmittals of funds involving Bitzlato by any covered financial institution, it said in a statement.By midday Wednesday, Bitzlato's website was replaced by a notice saying that the service had been seized by French authorities"as part of a coordinated international law enforcement action."
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Treasury's Yellen, China's Liu to meet in Zurich for first in-person talksZURICH : U.S. Treasury Secretary Janet Yellen will meet Chinese Vice Premier Liu He in Zurich on Wednesday for frank talks on the global economy, sovereign debt issues and climate change, as the world's biggest economies work to repair frayed relations.Yellen's first in-person meeting with Liu is part of If US need $, they would like to talk to China... After got the $, they attack sanction China Back with reason China not follow the rules, threat, debt traps, no human right, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US to announce international cryptocurrency action -statementWASHINGTON : The U.S. Justice Department will 'announce a major, international cryptocurrency enforcement action' on Wednesday, it said in a statement, adding the U.S. Treasury Department will also make an announcement.'The U.S. Department of the Treasury will also announce an action in this space,' the s
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China approves 88 games in January, including titles by Tencent and NetEaseBEIJING : China's video games regulator on Tuesday granted publishing licences to 88 online games, including titles belonging to Tencent Holdings Ltd, NetEase Inc and miHoYo.Shenzhen-based Tencent, the world's largest gaming company, received at least one game licence for a mobile game named 'Yuanmengzhix
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
India's Maharashtra enters $2.5 billion partnership for EV battery-swapping stationsIndia's Maharashtra has entered a $2.5 billion partnership with Taiwan's Gogoro Inc and a local automotive systems supplier to build electric vehicle (EV) battery-swapping and charging stations in the state, the parties said on Tuesday.The Indian company, Belrise Industries Ltd, and Gogoro will form an eq
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Japan's Fuji Oil plans maintenance at Sodegaura refinery around May-JuneTOKYO : Japanese refiner Fuji Oil Co Ltd plans to shut the 143,000 barrel-per-day (bpd) crude distillation unit (CDU) at its Sodegaura oil refinery for scheduled maintenance around May-June, a company spokesperson told Reuters.The maintenance at the refinery, near Tokyo, will be a minor one and is expecte
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Fintech Pagaya to lay off 20% of employeesFinancial technology firm Pagaya Technologies Ltd said on Wednesday it was laying off nearly 20 per cent of its employees across its offices in the United States and Israel.Fintech startups have been some of the biggest casualties of the challenging economic environment since last year, after the Federal
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »