Germany’s anti-money laundering authority has sounded the alarm on the increasing use of cryptocurrencies in illicit finance, reporting a record 8.2% year-on-year rise in crypto-related suspicious activity reports (SARs). According to the 2024 annual report from the Financial Intelligence Unit (FIU), digital assets are now embedded in complex, global money laundering networks and traditional financial…
Germany’s Financial Intelligence Unit (FIU) has reported a sharp rise in crypto-related crimes in 2024, marking an 8.2% increase from the previous year. In its newly released annual report, published on June 10, 2025, in Cologne, the FIU revealed that 8,711 suspicious activity reports (SARs) linked to cryptocurrency transactions were submitted last year, up from…
Germany Sees Record Crypto Suspicion Despite Drop in Overall Alerts A new report from Germany’s Financial Intelligence Unit (FIU) reveals a record number of crypto-related suspicious activity reports, even as the total volume of suspicious financial alerts has declined across the country. The rise reflects growing concerns over how digital assets are being misused, particularly…
LUKSO’s Bold Move to Expand Blockchain Reach LUKSO, the blockchain platform focused on digital identity and creator economies, has made a significant leadership hire by appointing Jan-Oliver Sell as its new Chief Operating Officer. Sell brings with him a wealth of experience from his previous role as CEO and Managing Director of Coinbase Germany, where…
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