Breaching AML Rules in Switzerland
About a month ago the Swiss Financial Market Supervisory Authority (Finama) banned Gazpromomb (Switzerland) from attracting new private customers. The regulator has found a reduction in its anti money laundering procedures. The agency inspected more than 30 banks under the investigation, which began in 2016 after the disclosure of the Panama papers. Fina said that the bank violated its own money laundering requirements between 2006 and 2016 SOURCE https://news.bitcoin.com/gazprombank-to-try-crypto-deals-in-switzerland/
A bank in Switzerland already under suspicion of breaking money laundering regulations looking to possibly do Bitcoin transactions with Russian Gasprombank? Is this good or bad for crypto?
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