Singapore: Code of Practice Offers Practical Guidance for Crypto License Applications
Singapore’s crypto industry association is providing resources for local firms as they navigate new regulatory requirements. Go to Source Powered by WPeMatico
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Slow But Steady: FATF Review Highlights Crypto Exchanges’ Struggle to Meet AML Standards
Compliance with FATF’s travel rule presents major technical difficulties, but the blockchain industry is best-equipped to overcome them. Go to Source Powered by WPeMatico
Comparing Money Laundering With Cryptocurrencies and Fiat
Laundering money with Bitcoin is actually an ineffective strategy because of its complexity and high risk. Go to Source Powered by WPeMatico
CoolBitX Partnering with Elliptic to Address FATF’s Travel Rule
CEO Michael Ou says Elliptic’s wallet screening tools with CoolBitX’s Sygna Bridge could help firms comply with the FATF travel rule. Go to Source Powered by WPeMatico
Seychelles-Based Bitcoin Transfers Continue to Gain Dominance, Analysts Find
Crystal Blockchain reports that crypto transfers in the Republic of Seychelles keep growing as regulatory pressure increases for the G20. Go to Source Powered by WPeMatico
BitGo Releases Crypto Wallet Compliance Tool for FATF’s Travel Rule
Major digital asset firm BitGo announces API support for the Financial Action Task Force’s travel rule. Go to Source Powered by WPeMatico
Germany Takes Over FATF Presidency With New Guidance to Help Countries Apply Crypto Standards
The Financial Action Task Force (FATF) has a new president as Germany took over the presidency from China. The intergovernmental organization also highlighted the need for more guidance on cryptocurrencies as many countries have not yet fully implemented its revised crypto standards. Another review has also been announced. Germany Now Leads FATF The FATF has … Read more
Blockchain Can Provide the Right to Privacy That Everyone Deserves
Blockchain technology can help to build a self-sovereign financial system where privacy belongs to the people. Go to Source Powered by WPeMatico
FATF Meeting Scheduled to Discuss VASPs Compliance with Travel Rule
The CEO of FinTech company CoolBitX says only 10% of countries in the FATF are prepared for the June 24 meeting to discuss the travel rule. Go to Source Powered by WPeMatico
Asian Countries Leading the Way for FATF Travel Rule
South Korea and Singapore may have the best regulations around compliance with the Financial Action Task Force guidelines. Go to Source Powered by WPeMatico
