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Title: [2016-08-22] Taiwan's Mega Bank Fined $180 Million for Money Laundering Post by: BTCManagerOfficial on August 22, 2016, 07:27:22 PM Taiwan’s Mega Bank was recently awarded a whopping US$180 million fine for their anti-money laundering failures. The fine was decided upon by Financial Services Superintendent Martia T. Vullo. Mega International Commercial Bank of Taiwan will also need to install an independent monitor for violating the New York AML laws. With Bitcoin, none of these violations would be possible, as there are no banks involved in the process...
Read more here: https://btcmanager.com/news/finance/taiwans-mega-bank-fined-180-million-for-money-laundering/ Follow BTCMANAGER for the Latest on Fintech, Blockchain and Bitcoin! |