Sentences with phrase «laundering via cryptocurrencies»

Citing an official from the Agencia Estatal de Administración Tributaria (AEAT), the revenue service of the kingdom of Spain, El Confidencial is reporting that the authority is launching the country's biggest dragnet yet to look into tax evasion and money laundering via cryptocurrencies.

«The criminal profits were also laundered via cryptocurrencies, by means of prepaid cards linked to the cryptocurrency wallets which were used to buy goods such as luxury cars and houses,» Europol said in a statement.

Not exact matches

Despite calls for action from would - be regulators in Germany and France and Europol's recent claim that $ 5.5 billion is being laundered in Europe via cryptocurrency, the European Commission still isn't ready to force regulations on the emerging market.

Money laundering and funding of illegal transactions via these cryptocurrencies has been another area of concern for Indian regulators.