Hong Kong Cracks Down on Cross-Border Crypto Laundering Scheme In a recent development, authorities in Hong Kong have uncovered and dismantled a sophisticated cross-border cryptocurrency laundering ring. The operation involved the use of fraudulent bank accounts to convert scam proceeds into digital currencies, highlighting the growing challenges faced by regulators in combating financial crimes in […]
European Commission targets end-to-end encryption and proposes expanding Europol’s powers into an EU-level FBI equivalent
European Commission’s Proposal: Strengthening Europol and Challenging End-to-End Encryption The European Commission recently unveiled its ambitious internal security strategy, ProtectEU, which aims to enhance the EU’s internal security mechanisms by proposing significant changes. Among the key proposals is the expansion of Europol’s powers to create an EU-level equivalent of the FBI and the exploration of […]