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Crypto Contributes to Money Laundering Problems in Latin America, Report
28.2.2020
Crypto exchanges in Latin America attract money launderers due to “extremely lax” AML and KYC regulations, a new report says
Binance Joins Blockchain Network for Cross-Industry KYC Data Sharing
27.2.2020
Binance has partnered with the Shyft Network as the exchange prepares with new compliance standards from the FATF
South Korea’s Bithumb Launches Zero Fee Transfers to Global Platform
26.2.2020
Bithumb users can now instantly move Bitcoin and Ether to Bithumb Global with zero fees
Moody’s Gives Thumbs Up to UAE’s Know Your Customer Blockchain Platform
26.2.2020
Moody’s praises UAE lenders on a proposed blockchain-based Know Your Customer platform
New Blockchain Forensics Tool Developed Through French-Austrian Cooperation
25.2.2020
A new compliance tool is being developed in Europe via a partnership between an Austrian university and a French fintech firm
Finding a No-KYC Exchange? Guard Your Right of Being Anonymous
24.2.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists.
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Anonymous is a revolutionary feature never existed in any currency until bitcoin was invented. No more bank counters, no more residence proofs, no more tracking on the banknote serials…...
How to Anonymously Buy Bitcoin Online and in Person
24.2.2020
Buying bitcoin is a bit like buying contraception: it’s a basic human right, you should be entitled to do so privately, and it’s nobody’s business what you plan to do with it. Whether you’re buying bitcoin to set aside for a rainy day or to expend immediately in a fit...
Sectors Realizing the Full Potential of DeFi Protocols In 2020
23.2.2020
DeFi, a monetary system built on blockchain, is booming right now. With over $1 billion locked in DeFi applications, here are some sectors that are poised for success in 2020
How the IRS Audits Cryptocurrency Tax Returns – Filing Expert Shares Example, Insights on AML Focus
23.2.2020
Tax season is one of the most dreaded times of the year for many, and when the added confusion of filing crypto returns is thrown into to the mix, things can get even stickier. News.Bitcoin.com recently talked with Clinton Donnelly of Donnelly Tax Law, a service that specializes in crypto returns....
Are the BZx Flash Loan Attacks Signaling the End of DeFi?
22.2.2020
Recent attacks on the lending platform bZx have left faith in DeFi shattered, but what actually happened? And can the sector bounce back?
Tax and KYC Issues Plague Upbit's Foreign Withdrawals, Exchange Says
20.2.2020
South Korean crypto exchange Upbit still bans foreign clients from withdrawing funds
Australian Stock Exchange Has New Blockchain Equity Competitor
20.2.2020
The operator of the National Stock Exchange of Australia to build a new blockchain platform to compete with the Australian Security Exchange’s CHESS
Dubai Gov’t to Launch KYC Blockchain Consortium in Q1 2020
19.2.2020
Dubai government to launch a KYC blockchain consortium in collaboration with six banks in Q1 2020
Lightning Network Increasingly Fragile to Attacks – Hope Turns to Drivechain for Bitcoin Scaling
19.2.2020
A report published February 7 and authored in part by Blockstream researcher Christian Decker found that the BTC Lightning Network is “evolving towards an increasingly centralised architecture.” Proponents of LN say this is not a problem, and even critics of the network point to...
Currency.com Accused of Exploiting KYC to Withhold Customer Funds
18.2.2020
Know Your Customer (KYC) and Know Your Transaction (KYT) are ostensibly deployed by exchanges to combat money laundering. In practice, these provisions are used as an excuse to surveil, cajole, and threaten customers, who risk losing funds if they are unable to meet the impossibly high burden...
Will "No KYC" Exchanges Survive in a Regulated Crypto Industry?
16.2.2020
For those of us who have been around since before the great crypto boom of 2017, having to undergo KYC (know your customer) procedures at digital asset exchanges was somewhat of an anomaly. “Back in the day” you were able to register to most crypto trading platforms using an email address and that...
Governments Begin to Roll Out FATF’s Travel Rule Around the Globe
15.2.2020
FATF’s deadline for crypto AML adoption is looming, and several counties have implemented the rules. But how are crypto firms coping under the new regime?
Wells Fargo Joins Elliptic's Series B Investment Round
13.2.2020
Wells Fargo invests in crypto compliance firm Elliptic
‘Full Transparency Not Ideal for Cryptocurrency’ Says Chainalysis Exec
13.2.2020
Major global crypto AML service provider Chainalysis does not support full transparency in crypto despite not being able to track all privacy coins
You Can Privately Cash out Bitcoin on These P2P Exchanges – for a Premium
11.2.2020
Using P2P exchanges to cash out bitcoin provides privacy, but it comes with a premium – a price premium, to be precise. Whether you’re buying or selling crypto on these semi-decentralized platforms, be prepared to take a hit on the market price. If you’re planning to sell bitcoin...