Anti-money laundering cryptocurrency regulation will be discussed by G20 member countries June 8-9 in Fukuoka, Japan, a recent report claims
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G20 to Establish Crypto AML and Counter-Terrorism Financing Regulations in June: Report
Category: AML
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WEF Report: 40 Central Banks Are Considering Digital Currencies, Blockchain Tech
A recent report by the WEF reveals that at least 40 central banks around the world are considering blockchain technology and central bank digital currencies
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Finland’s Regulatory Watchdog Plans to Supervise Localbitcoins Operations
On Monday, the Helsinki-based peer-to-peer crypto exchange Localbitcoins announced it is adding several different identification processes in order to improve AML and KYC requirements. The move to bolster the new customer verification procedure follows Finland’s Financial Supervisory Authority (FSA) mandating supervision over exchange operations. Also read: Mineable Cryptocurrencies Are Far More Valuable Than Non-Mineable Coins […]
The post Finland’s Regulatory Watchdog Plans to Supervise Localbitcoins Operations appeared first on Bitcoin News.
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Binance Partners With Risk Management Firm IdentityMind for KYC and AML Compliance
Risk management and compliance services company IdentityMind will work on AML and KYC compliance for the world’s largest exchange, Binance
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Binance-Backed OTC Firm Releases Anti-Money Laundering Compliance-as-a-Service Product
Binance Labs-backed Koi Trading has developed an Anti-Money Laundering compliance-as-a-service product
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How the World’s Leading Banks Help Launder $2 Trillion a Year
Some of the most well known banks in the world are also the biggest money launderers. The recent Troika Laundromat affair added another $8 billion to the trillions financial institutions wash every year. Over $2 trillion is laundered annually by criminals who utilize various ways to hide money in banks, which are often complicit or […]
The post How the World’s Leading Banks Help Launder $2 Trillion a Year appeared first on Bitcoin News.
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In the Daily: Tokenized ETFs, Chainalysis, Binance Labs in Argentina
In this edition of The Daily we cover an exchange that offers cryptocurrency investors access to tokenized ETFs based on major indices, a response from Chainalysis to the recent outcry against blockchain surveillance services abusing customer data, and a program to support startups by Binance Labs in Argentina. Also Read: Israel Securities Authority Wants a […]
The post In the Daily: Tokenized ETFs, Chainalysis, Binance Labs in Argentina appeared first on Bitcoin News.
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Blockchain Analytics Firm Chainalysis Outlines User Data Policy Amid Coinbase Allegations
Blockchain analytics firm Chainalysis has clarified that it does not collect or sell users’ personal data when it provides its services to crypto exchanges
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Coinbase Severs Ties With Hacking Team Members While Data-Sharing Backlash Intensifies
Coinbase has been trending on crypto Twitter all week, but for all the wrong reasons. The #DeleteCoinbase hashtag has circulated on account of the dubious practices of Neutrino, the blockchain surveillance team it acquired. Now, the California-based exchange has bowed to public pressure and severed ties with key members of the Neutrino team. Also read: […]
The post Coinbase Severs Ties With Hacking Team Members While Data-Sharing Backlash Intensifies appeared first on Bitcoin News.
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Coinbase Technology Partner Refutes Alleged Collection, Sale of User Data to Third Parties
Blockchain analytics firm and Coinbase tech provider Elliptic has refuted allegations that it collects and sells clients’ user data to third parties for financial gain
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