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The global impact of money laundering in 2024

Neopay

billion in cryptocurrency was laundered in 2022, representing a 68% increase over 2021. NFT Money Laundering: In 2021, laundering through NFTs reached $1.377 million, a 231% increase from the beginning of the year. out of 10 in 2022, a slight improvement from previous years. billion between 2011 and 2014.

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Here Are All The Licensed Crypto Services Providers in Singapore

Fintech News

Each license allows the holder to conduct multiple specific payment services. Data from MAS’ Financial Institutions Directory show that as of August 01, 2022, 231 Money-Changing, 13 Standard Payment Institutions, and 175 Major Payment Institution licenses had been issued.

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OKX Launches Licensed Crypto Exchange in UAE Amid VARA’s Regulatory Crackdown

The Fintech Times

The company also received a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS) and designated Malta as its Markets in Crypto-Assets (MiCA) hub, enabling it to offer products and services to over 450 million EU residents in the coming months.