Philippines’ central bank to license crypto trading and custody firms
The Bangko Sentral ng Pilipinas has expanded its regulatory remit of the crypto space to include all cryptocurrency financial service providers. Go to Source Powered by WPeMatico
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The United States updates its crypto AML/CFT laws
The U.S. Anti-Money Laundering and Combating the Financing of Terrorism laws: Where will these updates lead the crypto space? Go to Source Powered by WPeMatico
How to regulate exchanges: Learn crypto from Biden’s SEC chair pick, part 2/3
The SEC’s incoming chair predicted the crackdown on crypto exchanges over AML concerns back in 2018. See what other insight he had. Go to Source Powered by WPeMatico
How compliance software detects fraud and money laundering involving crypto
As the crypto markets mature and institutional money flows into the space, technology to detect fraud and money laundering involving digital assets is more important than ever. Go to Source Powered by WPeMatico
BitMex turns to Chainalysis to solve legal woes, or at least soften the CFTC’s blow
If you can’t beat ’em, join ’em? BitMex onboards more aggressive Chainalysis measures in advance of a response to the CFTC. Go to Source Powered by WPeMatico
SEC vs. Ripple: A predictable but undesirable development
Such regulation by enforcement does indeed run the risk of stifling important and valuable innovation in the crypto space. Go to Source Powered by WPeMatico
Exmo hackers withdraw part of stolen funds via Poloniex, exchange confirms
About $4 million of crypto stolen in Exmo hack was allegedly withdrawn through Poloniex, the exchange said it froze several accounts. Go to Source Powered by WPeMatico
US federal regulators set new expectations for stablecoin issuers
The President’s Working Group has not said anything revolutionary, but does establish some new clarity. Go to Source Powered by WPeMatico
Users vs. governments: The ‘infinity war’ for blockchain privacy may be over
The privacy paradox has a potential resolution — if both sides can accept compromise in an increasingly polarized financial system Go to Source Powered by WPeMatico
With Bill Barr leaving the DoJ, what will the next Attorney General do about crypto?
Attorney General William Barr tendered his resignation to President Trump last night, opening up the conversation as to how a Biden-appointed successor will handle crypto. Go to Source Powered by WPeMatico