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Nalezeno "AML/KYC": 102

Deutsche Bank Report: Digital Yuan Could Upset Global Power Balance, Plastic Will Die, Cash Survive

29.1.2020
A new report from Deutsche Bank Research, Digital Currencies: the Ultimate Hard Power Tool, predicts that cash payments will remain for decades, but the emergence of digital payments “will lead to the death of the plastic card.” The report, which is the third installment in a series...

LocalBitcoins Quietly Suspends Accounts in Multiple Regions Without Notice

28.1.2020
Finnish LocalBitcoins silently suspends user accounts in multiple countries, reportedly citing an “enhanced due diligence process” initiated by the EU’s 5AMLD

Ukraine to Block Crypto Wallets for Illicit Funds, Finance Minister Says

24.1.2020
Ukrainian authorities will be able to “block crypto wallets” in order to seize illegally obtained assets, a notice from the country’s Ministry of Finance says

Deribit Releases Specifics of New KYC Policy Following Move to Panama

21.1.2020
Deribit clarifies new requirements for customer information to take effect following move to Panama, itself an effort to avoid new E.U. AML regulation

FCA’s New AML Regime – UK’s Crypto Market Will Have to Adapt in 2020

21.1.2020
The FCA has officially taken over as the ALM/CTF supervisor for the U.K., but what ramifications will this have on the wider crypto industry?

Privacy Coins in 2019: True Financial Freedom or a Criminal's Delight?

2.1.2020
Privacy coins have earned a certain stigma due to the anonymity they provide, but what were these cryptocurrencies truly used for in 2019?

As FATF Regulations Galvanize, Crypto Mixing Applications Are Targeted

27.12.2019
Since the inception of Bitcoin, governments have tried to keep track of all the transactions taking place on the public blockchain. As the years progressed, authorities have shown a distaste for cryptocurrency mixing applications like Coinjoin. On Dec. 19, a Binance customer couldn’t withdraw...

Crypto Regulation Is Coming To Europe: Are Exchanges Ready for New Rules?

18.12.2019
European crypto companies have a countdown clock on regulations kicking in on Jan. 10 next year. So how are they preparing?

Criminal Activity in Crypto: The Fact, the Fiction and the Context

30.11.2019
$400 million in XRP is used in illicit activity, how does this stack up against fiat fraud, and is the reputation of the crypto industry beyond saving?

Report: Crypto-Related Fraud and Theft Resulted in $4.4B Loss in 2019

27.11.2019
According to CipherTrace’s latest report, the total volume of crypto-related fraud and theft resulted in losses worth $4.4 billion in 2019

Silk Road Prosecutor: 99.9% of Fiat Money Laundering Goes Unprosecuted

22.10.2019
“The financial services industry is spending $20 billion a year on AML and KYC. So I would ask you: is it even working? I don’t think it’s working”

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...

How to Trade Crypto in Person Safely

20.10.2019
With mainstream exchanges becoming progressively cumbersome due to privacy invasive policy and regulation, some crypto traders are switching to more private, face-to-face trading. While this route isn’t for everyone, and comes with unique risks, it does offer a very real solution to many...

Rare Joint Statement From U.S. Regulators Proves Crypto Centralization Is Here

17.10.2019
The U.S. SEC, Fincen and CFTC issued a rare joint statement Friday addressing regulation of “activities involving digital assets.” Citing crypto’s perceived role in money laundering and terrorism, the regulatory power trio prescribed stricter adherence to anti-money laundering...

Dutch National Bank Says Gold Can Re-Start Economy in Case of Total Collapse

13.10.2019
An article found on the De Nederlandsche Bank (DNB) website has surprised many in the crypto space, with its bold claim that “If the entire system collapses, the gold stock provides a collateral to start over.” While proclamations of this nature are nothing new, it is strange to see...