🚨NEW: The Treasury is working on reforming the Bank Secrecy Act, FinCEN Director states Full story👇

The Rage

Treasury Working on BSA Reform, FinCEN Director Says

While she has no idea how many BSA reports have led to arrests, reevaluating the BSA to improve efficiency is a "key objective for this administrat...

🚨JUST IN: FATF, UN, and Interpol call on Governments to strengthen partnerships with blockchain analytics firms

🚨JUST IN: Chainalysis Global Crypto Adoption Report removes DeFi as standalone category DeFi described as "niche behavior" with "much smaller share of overall user activity" compared to centralized platforms

🔴 Financial Crime Detection startup IVIX, founded by Matan Fattal, a former member of Israel's notorious military intelligence Unit 8200, and Doron Passov, a former member of the IDF's secretive Unit 81 tasked with building custom espionage software, raises $60M Series B IVIX "scans the web for signs of illicit financial activity," collecting data "using scrapers powered by large language models" sourced from "blockchains, short-term rental platforms, e-commerce marketplaces and other sources." IVIX has developed software for the Government of Canada and the State of California. IVIX claims that it can identify entities behind illicit activity "with 99% accuracy."

🚨NEW: DeFi Education Fund gathers largest industry coalition to protect developers Over 100 signatories state that they will not support a market structure bill that does not include protections for non-custodial services. Fully story👇

The Rage

DeFi Education Fund Gathers Largest Industry Coalition To Protect Developers

Over 100 industry signatories will not support a market structure bill that does not include protections for non-custodial services.