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European Police Forces Want Tougher KYC Measures for Crypto Industry
6.10.2020
Europol, the EU’s law enforcement cooperation agency, has called on EU member states to press crypto businesses to enforce tighter know-your-customer (KYC) policies. The organization also wants exchanges to communicate more with regulators to combat what it believes is a rising crime wave powered...
Wolf.bet Is a Provably Fair Gambling Casino Supporting Multiple Cryptocurrencies
6.10.2020
Have you been looking for an online gaming platform you can trust with your digital assets and that won’t bother you with cumbersome identification procedures? Wolf.bet is a 100% provably fair gambling casino supporting multiple cryptocurrencies, without KYC and a great lineup of additional...
More than half of all crypto exchanges have weak or no ID verification
2.10.2020
The highest number of exchanges defying regulatory norms are in Europe
BitMex denies CFTC and DoJ allegations, says trading will continue
1.10.2020
Despite criminal charges from the DOJ and at least one arrest of its leadership, Bitmex promises to continue operating as usual
FinCEN director warns banks about cryptocurrency risk exposure
30.9.2020
FinCEN has warned U.S. banks that it is closely watching how they respond to crypto risk exposure with their AML programs
Mandatory KYC verification may contradict privacy laws in South Korea
25.9.2020
Will this legal contradiction be resolved before the deadline?
Illicit crypto transactions are getting more attention from the government
19.9.2020
The IRS has a strong interest in receiving information from informed whistleblowers about offshore crypto accounts and criminal crypto tax activity
Switchere: Buy Crypto with CC, Pay with Local Banks, Swap and Sell Coins Online
18.9.2020
Presently, the crypto market is witnessing an incredible growth and massive adoption worldwide. Digital transformation and tokenization give freedom to deployment of cryptocurrencies in everyday life. However, one thing worth careful considering is how to choose a trustworthy online crypto exchange...
BRD’s enterprise banking blockchain boosted by new compliance strategy
17.9.2020
Crypto wallet provider BRD partners with Ciphertrace, Chainalysis and others to boost its banking enterprise solution
Regulatory risks grow for DeFi as a 'money laundering haven'
16.9.2020
DeFi could fall under regulatory pressure if it is seen as a haven for money laundering
Investment Platform BnkToTheFuture to Integrate KYC Identity Solution from Blockpass
15.9.2020
The investment deal will also see Blockpass' anti-money-laundering product integrated into BnkToTheFuture's ecosystem
Binance sued for allegedly facilitating money laundering with 'lax KYC'
15.9.2020
Binance’s lax KYC requirements are creating more legal problems for the exchange
FATF hints at Binance as example of an exchange avoiding regulation
14.9.2020
The FATF doesn’t seem to like frequent jurisdiction hoppers, notably Binance
How on-chain KYC can breathe new life into enterprise blockchain
13.9.2020
Widespread crypto adoption by enterprises has the potential to become a self-perpetuating mechanism for public blockchains, creating bigger, stronger networks
The Tell Tale Signs of a Scam Crypto Website: Bitcoin-Up.Live
13.9.2020
From late March 2020, when the global pandemic Covid-19 paralysed many economies, the appeal of cryptocurrencies has grown. Several statistics show increased interest from downloaded wallet apps to peer-to-peer traded volumes. In many ways, this interest in bitcoin and altcoins is evidence that...
Alongside today's sanctions, the US charges operators of Russian troll farm with fraud for using U.S. IDs to start crypto accounts
10.9.2020
New wire fraud charges against St. Petersburg trolls allege that they stole the identities of U.S. citizens to open crypto accounts
CEX.IO to Offer Instant Cryptocurrency-Backed Lending Service in 217 Countries and Territories
9.9.2020
LONDON, the United Kingdom – CEX.IO, one of the largest international exchanges in the cryptocurrency market, is set to launch a digital asset-backed lending service in September. Available in 217 countries and territories – including Australia, the United Kingdom, the European Union...
Chilean Cryptocurrency Exchange Denies Fraud Allegations, Tribunal Set Rule on Complaint
4.9.2020
Chilean cryptocurrency exchange, Badu.com has denied allegations that it fraudulently transferred client funds without authorization. The fraud allegations are being reported by Itau bank and both parties are set to appear before the country’s Tribunal for the Defense of Free Competition...
Whitelist-only crypto withdrawals coming soon claims Ari Paul
27.8.2020
A shift in the crypto ecosystem could result in a whitelist of coins and addresses according to Ari Paul
ICON app offers remote KYC for South Korea’s second-largest bank
27.8.2020
Smartphone users in South Korea can open bank accounts remotely with KYC verification via an ICON-powered app