Search
Binance Tightening KYC Procedure, The Screaming Sheep NFT + More News
20.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Crypto exchange Binance has announced they have tightened the customer verification requirements on their platforms, as they extend...
Insurance on Crypto Exchanges Inches Up, KYC Still Weak - Report
20.8.2021
Cryptocurrency exchanges are showing an increase in their tendency to insure clients’ assets, both formally and in informal ways through insurance funds, a new report finds. On the other hand, know-your-customer (KYC) stringency is still weak on many exchanges, with around a third having poor...
Bitcoin price returns above $47K as crypto market shrugs off Binance KYC news
20.8.2021
Neither Bitcoin nor altcoins are in any mood for cold feet on Friday, with gains in some of the top 10 cryptocurrencies topping 10%
All Binance users are now subject to immediate KYC verification
20.8.2021
The crypto exchange will limit services for existing users unless they adhere to the new KYC and AML requirements
Are NFTs being used for money laundering? Yes they are claims Mr. Whale
13.8.2021
NFT’s could be a vehicle to legitimize ill-gotten gains for the crypto elite
Satoshi Versus the ‘Infrastructure Bill’ — Political Permission Not Required
12.8.2021
When Satoshi Nakamoto released the Bitcoin white paper in October 2008, it likely wasn’t with the idea that governments and central banks needed to recognize, adopt, and regulate Bitcoin for everyone’s benefit. To the contrary, if anything can be taken away from that document and...
KYC tools can minimize hassle for US crypto market, FTX CEO says
9.8.2021
FTX will now use phone numbers to confirm user's jurisdiction and names in addition to testing new KYC tools
'Don't Be Lulled' as European Commission Mulls a Crypto KYC Trap
31.7.2021
While the European Commission (EC) says it is not targeting non-custodial crypto wallets, their new set of legislative proposals would still affect such users and the whole nascent sector.
Niklas Schmidt, a lawyer and partner with the Austrian law firm Wolf Theiss, told Cryptonews.com that “in...
Binance cuts withdrawal limits, rolls out tax reporting tool
28.7.2021
Existing Binance users will not be able to withdraw more than 0.06 BTC per day without completing full KYC verification, effective in August
Brazilian Authorities Seize $33 Million in Money Laundering Investigation Linked to Cryptocurrency Exchanges
27.7.2021
The Brazilian authorities seized $33 million linked to a money-laundering investigation involving cryptocurrency exchanges. The operation, called “Exchange Transaction” by the Brazilian police, involved six search warrants in different locations of the country. These searches were...
Bybit KYC for Firms and Individual Clients: a Guide
12.7.2021
As Bybit will be launching this July 2021, it has implemented the Know Your Customer conformity for its firm-oriented and single crypto investor clients to sign up. The KYC ordeal is potent verification conformity for financial services to authorize and secure the client’s identification....
Crypto Derivatives Exchange Bybit to Introduce Stringent KYC Policy
7.7.2021
The British Virgin Islands-based Bybit Fintech Limited has announced the cryptocurrency derivatives exchange is introducing an updated know-your-customer (KYC) policy on July 12. Bybit notes that it already had certain KYC requirements implemented, but the new system reform is meant...
Bybit crypto exchange to impose KYC rules
6.7.2021
The world’s fifth-largest cryptocurrency derivatives exchange is implementing KYC rules to improve security compliance
HSBC becomes first foreign entity onboarded to Dubai’s KYC blockchain
30.6.2021
HSBC plans to improve the KYC process for local investors and corporate clients by leveraging blockchain technology
Blockchain Surveillance Firm Chainalysis Raises $100 Million, Company’s Valuation Now $4.2 Billion
26.6.2021
The blockchain intelligence and surveillance firm Chainalysis announced the company has raised $100 million in Series E funding from investors such as Coatue, Benchmark, Accel, Addition, Dragoneer, Sequoia Heritage, and SVB Capital. The financing brings the company’s valuation to $4.2 billion...
Echoing Cuban, Novogratz says DeFi should ‘play by the rules’, or ‘pay the piper’ later
24.6.2021
Mike Novogratz suggests DeFi projects add KYC and AML features now instead of waiting on regulators to crack down on the entire sector
Revised Bill ‘On Virtual Assets’ Aims to Regulate Ukraine’s Crypto Space This Summer
20.6.2021
The Ukrainian parliament has released an updated version of the draft law “On Virtual Assets.” The revised bill requires exchanges to obtain government authorization, disclose their ownership and implement mandatory KYC procedures. The document has been criticized by regulators in Kyiv...
Is there a right way to regulate crypto? Yes, and this is how
12.6.2021
Cryptocurrency is a promising asset class for people and investors, but the lack of proper regulation slows down its innovation
BarterTrade V2 Launches With Advanced Social Trading, Auto KYC and Institutional Grade Liquidity
11.6.2021
BarterTrade, is a cryptocurrency trading ecosystem that upgraded to more advanced V2 on 6th May, 2021, implementing significant benefits and new features for traders. Understanding crypto traders’ needs is a key ingredient of the relaunch, which includes features such as a 0% trading...
Crypto firms not meeting AML standards, says UK minister
28.5.2021
Only five crypto firms have received FCA AML registration after the authority became the official money laundering supervisor for crypto businesses last year