March 14, 2025

united kingdom

Crypto

China’s money laundering crackdown heightens risk for crypto investors, USDT traders

China is closely monitoring the use of virtual assets in money laundering activities, according to the country’s highest court, in a move that legal experts say could increase the risk of prosecution for trading cryptocurrency on the mainland. Using virtual assets to transfer or convert criminal proceeds is among a range of money laundering methods

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Finance

Olympics and OnlyFans: Some Paris athletes say they face a ‘broken’ finance system

PARIS (AP) — Dire financial straits are leading droves of Olympic athletes to sell images of their bodies to subscribers on OnlyFans — known for sexually explicit content — to sustain their dreams of gold at the Games. As they struggle to make ends meet, a spotlight is being cast on an Olympics funding system

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Loans

Italy PM Says EU States Won’t Be Directly Involved in G7 Ukraine Loan

BORGO EGNAZIA, Italy (Reuters) – European Union states won’t be directly involved for now in a $50 billion loan that Group of Seven nations plan to raise for Ukraine based on income from frozen Russian assets, Italian Prime Minister Giorgia Meloni said on Saturday. The Group of Seven rich democracies agreed during their annual summit

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