A federal grand jury in Miami has charged nine individuals with laundering U.S. drug proceeds into cryptocurrency for Mexican and Colombian cartels, utilizing “a network of black market cryptocurrency launderers and unlicensed money transmitters,” according to the U.S. Department of Justice. From 2020 to 2023, defendants allegedly coordinated cash pickups from U.S. drug sales, converting […]
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Illinois Agrees to Delay Rollout of 0.2% State Crypto Tax
Key TakeawaysIllinois state officials have agreed to delay the implementation of a crypto tax by six months, to July 1,...













