Ukrainian officials must report crypto holdings as part of national anti-corruption measures
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Ukraine’s Officials Will Need to Report Crypto as ‘Intangible Assets’
Category: fatf
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Binance Joins Blockchain Network for Cross-Industry KYC Data Sharing
Binance has partnered with the Shyft Network as the exchange prepares with new compliance standards from the FATF
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Hong Kong and Abu Dhabi Change Crypto Regulations to Align With FATF
Hong Kong’s AML/CTF laws will apply to crypto exchanges and remitters, and dealers of precious metals and stones
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G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards
The G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued a statement urging countries to implement the cryptocurrency standards set by the Financial Action Task Force. They were also informed that the Financial Stability Board will soon issue its crypto […]
The post G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards appeared first on Bitcoin News.
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Governments Begin to Roll Out FATF’s Travel Rule Around the Globe
FATF’s deadline for crypto AML adoption is looming, and several counties have implemented the rules. But how are crypto firms coping under the new regime?
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Crypto Fraud Now Exposing Legacy Banks to Compliance Issues, Reports CipherTrace
Banks who ignore crypto could be setting themselves up for trouble in more ways than one
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Swiss Financial Watchdog Proposes $1,000 Client Identification Threshold for Crypto Transactions
Famous for its favorable business climate that has attracted hundreds of crypto companies, Switzerland is now expanding its financial regulatory framework. Some of the upcoming rules will increase oversight in the blockchain industry in compliance with new international standards regarding operations with digital assets. Also read: With New Regulations, Europe’s Crypto Companies May Be Running […]
The post Swiss Financial Watchdog Proposes $1,000 Client Identification Threshold for Crypto Transactions appeared first on Bitcoin News.
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Cashfusion Far More Practical Than Other Coinjoin Protocols, Says Data Analyst
On January 29, data analyst James Waugh decided to test and see if the Cashfusion protocol was really anonymous. After testing Cashfusion, Waugh explained he sifted through a number of transaction inputs and outputs and realized that it’s “not possible to establish a concrete link” between them. Also read: How to Obscure Bitcoin Cash Transaction […]
The post Cashfusion Far More Practical Than Other Coinjoin Protocols, Says Data Analyst appeared first on Bitcoin News.
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Another Crypto Exchange Discourages the Use of Bitcoin Mixing Services
The cryptocurrency exchange Binance was recently scrutinized for flagging a customer’s funds because the individual had used a bitcoin mixing application. Now the platform Paxos Global is discouraging the use of crypto mixers after a customer allegedly sent coins to a mixing service. Also read: Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, […]
The post Another Crypto Exchange Discourages the Use of Bitcoin Mixing Services appeared first on Bitcoin News.
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Ukraine to Block Crypto Wallets for Illicit Funds, Finance Minister Says
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
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