Congresspeople tell Treasury to back off of rumored self-hosted wallet ban
Congressman Davidson, in particular, sees potential Treasury action as a bad idea for everybody involved. Go to Source Powered by WPeMatico
AML
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Illegal Bitcoin use is down, but privacy wallet laundering is up, says analytics firm
2020 has apparently been the year of privacy wallets, as more exchanges onboard KYC requirements. Go to Source Powered by WPeMatico
It’s time to mature: We need compliant decentralized finance
It’s up to the community to educate regulators and help them build a framework that achieves and maintains both sides’ goals. Go to Source Powered by WPeMatico
Crypto.com secures an Australian Financial Service License
The mandatory license will allow Crypto.com to issue crypto debit cards in Australia. Go to Source Powered by WPeMatico
Crypto lobby defends self-hosted wallets and P2P from rumored gov’t crackdown
As everyone waits on new KYC and AML regulators, many speak out to keep unhosted wallets free of controls. Go to Source Powered by WPeMatico
Dutch Bitcoin firm reluctantly tightens rules at central bank’s behest
Unique in Europe, the Dutch central bank now requires Bitcoin exchanges to prove that their users actually control their withdrawal addresses. Go to Source Powered by WPeMatico
Dash claims ‘inaccurate categorization’ as ShapeShift delists privacy coins
The delisting of Dash and Zcash has some wondering about the future of privacy coins on major exchanges. Go to Source Powered by WPeMatico
Crypto firms still not widely adopting ‘travel rule,’ says FATF deputy
David Lewis, executive secretary and G20 deputy at the Financial Action Task Force, says crypto firms still have a long way to go before they’re compliant. Go to Source Powered by WPeMatico
Law Decoded: Of AML and appointees, Nov. 6–13
In the U.S., all eyes are on Joe Biden’s planned appointees, while Europe is seeing progress under a new AML regime. Go to Source Powered by WPeMatico
BitMEX crypto exchange steps up AML and trade surveillance measures
New technology will help screen out bad actors, BitMEX says. Go to Source Powered by WPeMatico
