Civic launches free tool to combat NFT-hungry bots on Solana
Civic’s Ignite Pass aims to combat bots targeting NFT drops on the Solana network by verifying video-based selfies using artificial intelligence. Go to Source Powered by WPeMatico
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Law Decoded: Sketching the boundaries of regulatory mandates, Oct. 25 – Nov. 1
U.S. financial regulators are close to working out the limits of their authority over at least one class of digital assets. Go to Source Powered by WPeMatico
Crypto exchange Bitfinex testing new AML compliance tool
Launched in production in 2020, Notabene’s Travel Rule solution now processes transactions between 50 crypto exchanges. Go to Source Powered by WPeMatico
Tether Trials Solution to Comply With FATF Travel Rule
Tether, the operator of one of the leading stablecoins in the crypto market has announced it will commence trials of a system that will allow the company to comply with the Financial Action Task Force (FATF) travel rule. The system, that is provided by Notabene, a company that offers ID and travel rule compliance solutions, … Read more
Bank of Spain issues registration guidelines for crypto services
All individuals and institutions in the country, including banks, will have to sign up using the new AML registry from the Bank of Spain. Go to Source Powered by WPeMatico
Bank of Spain Opens Mandatory Registry for VASPs
The Bank Of Spain has finally opened the mandatory registry for Virtual Asset Service Providers (VASPs) in the country. The bank also dispelled doubts that financial institutions had regarding whether they had to apply for the registry given they already comply with AML legislation. All institutions and persons must apply for the registry if they … Read more
Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations
Authorities in Estonia are working on new legislation expected to stiffen the rules for the country’s cryptocurrency sector. The Baltic nation’s regulator for the industry is considering whether to revoke previously issued crypto licenses and restart authorization from scratch. Licensed Crypto Companies Register Millions in Turnover, Estonia Gets Little With only around 1.3 million people, … Read more
Bitcoin price is back at $50K, but exactly how ‘bullish’ are the bulls?
BTC’s futures markets premium and options risk gauge show that there are not any signs of excessive leverage or FOMO from traders — yet. Go to Source Powered by WPeMatico
BitOasis crypto exchange to help Dubai Police spread fraud awareness
BitOasis has partnered with the Dubai Police Force to establish safety regulations around crypto investments in the region, according to the exchange’s CEO. Go to Source Powered by WPeMatico
Brazil aims to tighten penalties for crypto-related financial crimes
The penalties are part of a new piece of legislation that also regulates crypto trading and payments. Go to Source Powered by WPeMatico