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CipherTrace Urges Crypto Companies to Prepare for Anti-Money Laundering Compliance
8.11.2019
How to comply with anti-money laundering regulations while preserving user privacy was a major topic of conversation at this conference
Chinese Communist Party Reportedly Filling Roles at Top Exchange Huobi
6.11.2019
A source has reported to news.Bitcoin.com that the Chinese government is attempting to directly manage the crypto exchange industry in the country. According to the source, this could lead to frozen assets for U.S. account holders and others. Notably, Huobi Global’s website has announced that...
Binance’s DEX Now Supports AML Compliance Via CipherTrace
5.11.2019
CipherTrace is now supporting AML compliance on Binance Chain, which supports both the exchange's BNB token and DEX
UK Banking Pilot Aims to Streamline Compliance Using Factom Blockchain
31.10.2019
Crypto startup Knabu is launching a 30-day pilot today to put regulatory reporting on the blockchain
Shyft Adds FATF Veterans as Advisors for Its Crypto Compliance Product
29.10.2019
Shyft Network is building a blockchain solution to help crypto exchanges comply with the FATF's "travel rule" guidance
Fincen Chief Gives Sharp Remarks on the Rules Compliance by the Cryptocurrency Firms
26.10.2019
The notable Director of the Financial Crimes Enforcement Network (FinCEN) Kenneth Blanco stated that cryptocurrency companies are not above the AML laws. The well-known leader shared his views while addressing an audience at a fintech event organized at the Georgetown University Law Center....
Algorand Wins Sharia Compliance Certificate to Enter $70 Billion Market
22.10.2019
A sharia certification could open up the platform to a global network of observant Islamic investors estimated to be worth more than $70 billion
Bad for Business: How KYC/AML Makes Everyone a ‘Terrorist’
22.10.2019
Two reports from risk solutions group Lexisnexis assert that anti-money laundering (AML) and know your customer (KYC) policies can negatively affect a business’s bottom line and customer service significantly. A recent trip to the local post office for a money order certainly had a negative...
CipherTrace’s Blockchain Forensics Service Now Covers 700 Crypto Assets
15.10.2019
The blockchain analytics provider now offers a window into the data of more than 87 percent of the top 100 cryptocurrencies
US Treasury Secretary Says Firms Left Libra Due to Compliance Issues
14.10.2019
Steven Mnuchin has said that Facebook’s forthcoming Libra stablecoin is not ready to comply with existing money-laundering standards
Chainalysis Adds ERC-20 Tokens to Its On-Demand Compliance Service
5.10.2019
Blockchain analytics firm Chainalysis announces the launch of its on-demand compliance and investigations software for several Ethereum-based ERC-20 tokens
OKEx to Found Crypto Exchange Compliance Self-Regulated Organization
3.10.2019
Crypto exchange OKEx announces the creation of a self-regulated organization aiming to standardize compliance practices
BitPay Achieves Service Organization Control (SOC 2) Compliance Review
2.10.2019
Major Blockchain payments provider BitPay has proclaimed that it has passed the Service Organization Control Review (SOC 2). The review was conducted successfully by the Aprio, which is among the top 100 CPA led advisory firms. The tech audit firm assures maximum confidentiality and data privacy...
BitPay Undergoes Security and Confidentiality Certification Audit
30.9.2019
BitPay has undergone a security and confidentiality compliance audit, the Service Organization Control 2
IRS Releases ‘Tax Cheat’ Info Raising Concerns About Crypto Theft
30.9.2019
The U.S. Internal Revenue Service (IRS) released a new report and infographic on Thursday illustrating unpaid or underpaid taxes for the years 2011 – 2013. The numbers reflect estimates based on the last such findings, for the years 2008 – 2010. With commissioner Chuck Rettig citing...
SEC Commissioner Speaks Positively About Digital Assets Despite Recent Enforcement Flurry
28.9.2019
The U.S. Securities and Exchange Commission (SEC) regularly draws the ire of crypto proponents who are frustrated at its failure to support innovation and entrepreneurship. Despite this, some have warmed to the agency’s opinionated commissioner Hester Peirce, who has adopted the moniker...
Bittrex Adopts Chainalysis KYT Software to Flag Suspicious Activity
26.9.2019
Bittrex's implementation of the intelligence software may help prevent bad actors from operating on the American exchange
Crypto.com Announces that it has Officially Achieved Level 3 Compliance
20.9.2019
Recently, the leading payments and cryptocurrency platform, Crypto.com, has officially accomplished Level 3 compliance with the CCSS (Cryptocurrency Security Standard), which is the strictest and highest level attainable. After thorough security audits by a group of cybersecurity and compliance...
CipherTrace Enters Race to Solve Crypto’s FATF Compliance Headache
10.9.2019
CipherTrace has rolled out software for sharing sensitive customer information under the FATF’s new “travel rule” for global crypto exchanges
Bitcoin Exchange PrimeXBT Partners With Bitfury to Ensure Compliance
9.9.2019
Bitcoin exchange PrimeXBT announced that it partnered with blockchain development firm Bitfury to ensure compliance