Central banks should work with regulators, tax agencies and financial intelligence units to ensure that private lenders “do not facilitate unscrupulous behavior” involving bitcoins and other digital currencies, the head of the Bank for International Settlements said Tuesday.
A Bitcoin ATM operator in Los Angeles has pleaded guilty to laundering money, running an unlicensed money services business and violating anti-money laundering rules in what is likely the first federal prosecution of a cryptocurrency kiosk, the Justice Department announced Friday.