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Nalezeno "AI compliance": 717

Taiwan Approves 24 Crypto Platforms, Including WOO Network, for AML Compliance

8.9.2022
Taipei is bringing crypto into its regulatory fold

Thai SEC files police report on Zipmex, alleging ‘incomplete’ info for compliance procedures

7.9.2022
The Cyber Crime Investigation Bureau in Thailand will now consider whether to pursue legal action against Zipmex following the SEC's allegations

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

2.9.2022
On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week...

Tether’s Tornado Cash Noncompliance Is Less Brave Than You Think

25.8.2022
The world’s largest stablecoin issuer won't freeze tainted addresses, for now

Reports Say FTX Warns Customers Not to Interact With Aztec Network, CEO Sam Bankman-Fried Responds

21.8.2022
According to reports on social media, a number of users have complained that FTX has blocked a transaction that was associated with the Aztec Network’s zkmoney privacy technology. Following the accusations, FTX CEO Sam Bankman-Fried explained that transactions are monitored for...

NFTs and 'Insider Trading': How to Stay in Compliance

19.8.2022
Snežana Gebauer is Partner and Chris Walsh is Manager at global advisory firm StoneTurn.__________... Read More: NFTs and 'Insider Trading': How to Stay in Compliance

Tornado Cash Sanctions Are Spiraling Into Compliance Nightmares

16.8.2022
Crypto privacy mixer Tornado Cash drew attention last week after the U.S. Treasury Department sanctioned the service last week. The implications of complying with the sanctions are starting to sink in with the rest of the industry, raising questions about just what compliance looks like

Bank of England Analysts See Crypto Having Important Roles in the Metaverse — Discuss the Need for Regulation

11.8.2022
Bank of England’s analysts say crypto assets could have important roles within the metaverse. “Widespread adoption of crypto in the metaverse … would require compliance with robust consumer protection and financial stability regulatory frameworks,” they added. Bank...

Central Bank of Uruguay Summons to Binance Due to Its Savings Focused Cryptocurrency Products

1.8.2022
The Central Bank of Uruguay has issued a summon to Binance, one of the biggest exchanges in the world, due to the series of crypto-based savings products they are offering in the country. These savings products, according to the bank, can only be made through verified banking institutions or...

Binance Compliance Officer: KYC Cost Exchange ‘Billions in Revenue’

1.8.2022
Three Binance compliance officers give a fiery response to allegations of illicit activity, sanctions evasion and darknet links

US SEC Chief Gensler Says Crypto Sector Rife with ‘Non-compliance’

20.7.2022
The head of the US Securities and Exchange Commission (SEC), Gary Gensler, has said that his agency will “do what we can” to ensure crypto operators fall into line, but opined that many are refusing to abide by the rules governing securities. Speaking during an interview with Bloomberg TV, Gensler...

SEC’s Gary Gensler Sees Plenty of ‘Noncompliance’ Across Crypto Industry

19.7.2022
SEC chairman Gary Gensler spoke on Bloomberg TV Monday, addressing questions around crypto regulation

Suing SEC Is a Possibility, Bitwise Chief Compliance Officer Says

12.7.2022
“It’s about getting answers to some of the technical questions,” Bitwise Chief Compliance Officer Katherine Dowling said, regarding the SEC’s denial of the asset management firm’s spot bitcoin ETF application, on CoinDesk TV’s “All About Bitcoin.”

Binance Gets VASP License From the Bank of Spain

11.7.2022
Binance, one of the largest crypto exchanges worldwide, has secured a license from the Bank of Spain that will let the exchange operate in compliance with the local laws. This certification means that the exchange is currently complying with its AML/KYC processes required by the government of...

Netherlands-Based Coinbase Customers Required to Submit KYC Data When Transferring Crypto off the Platform

26.6.2022
Coinbase has announced that the company plans to introduce a number of changes for customers in the Netherlands in order to comply with the 1977 Sanctions Act, a law that recently applied know-your-customer (KYC) guidelines to non-custodial wallets. If the person living in the Netherlands wants...

BitMEX co-founder Benjamin Delo avoids jail, receives 30 months probation

16.6.2022
Delo was allowed to leave the country to travel to Hong Kong where he is a resident, bringing to a close his part in the legal saga which began in 2020

Mercadolibre Inks Partnership With Mastercard to Secure Its Crypto Ecosystem in Brazil

10.6.2022
Mercadolibre, one of the biggest “e-tailers” in Latam, has partnered with credit giant Mastercard to make use of its tech to secure the cryptocurrency ecosystem of the company. Through this partnership, Mercadolibre will be able to use Mastercard’s Ciphertrace technology,...