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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Singapore Plan Would Ban Interest on MAS-Regulated Stablecoins
Key TakeawaysMAS proposes prohibiting interest on its regulated stablecoins.Issuers would face stress tests and orderly wind-down planning.Selected foreign-regulated stablecoins could...













