Cyprus calls for collective fight against crypto terror financing

2024/07/10 20:01

Odaily News Cyprus regulators have called on accounting and auditing professionals to help detect and prevent terrorist financing activities, with a particular focus on five methods of transferring funds, including cryptocurrencies. The Institute of Certified Public Accountants of Cyprus (ICPAC), the regulator of the accounting profession in the island nation, has issued a terrorist financing alert to combat this crime. While law enforcement agencies mainly deal with financial crimes such as money laundering and terrorist financing, ICPAC wants to involve accounting professionals in supervision. According to ICPAC, terrorist organizations use five methods to transfer funds, including donations through non-governmental organizations (NGOs), cash, bank transfers and gift cards, cryptocurrencies, and shell companies.

原文链接
Latest news
05:28
BTC breaks through 97,000 USDT, up 2.59% in 24 hours
03:05
Powell: Trumps call for rate cut wont affect Fed
02:58
Analysts: Tight monetary policy will drag down US economic outlook
02:49
Feds Powell: Rate cuts this year would be appropriate in some cases
02:47
Powell: It is impossible to immediately determine which is more important, inflation or unemployment
Recommended Reading