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Category: KYC Compliance
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Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’
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Chilean Cryptocurrency Exchange Denies Fraud Allegations, Tribunal Set Rule on Complaint
Chilean cryptocurrency exchange, Badu.com has denied allegations that it fraudulently transferred client funds without authorization. The fraud allegations are being reported by Itau bank and both parties are set to appear before the country’s Tribunal for the Defense of Free Competition (TDLC), which must rule on the case. The Itau Bank, which initially reported the […]
The post Chilean Cryptocurrency Exchange Denies Fraud Allegations, Tribunal Set Rule on Complaint appeared first on Bitcoin News.
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Brazilian Crypto Companies to Self-Regulate: Target a $100 Billion Market by Year-End
Brazilian crypto companies have signed a code of self-regulation that aims to legitimize and to boost adoption of crypto assets in the country. The document was signed under the auspices of Abcripto, the country’s association of cryptocurrency companies. According to regional media reports, Brazilian firms that specialize in cryptocurrency custody services, brokerage services, and exchanges […]
The post Brazilian Crypto Companies to Self-Regulate: Target a $100 Billion Market by Year-End appeared first on Bitcoin News.
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Japanese Police Arrest Chinese Man for Selling Cryptocurrency Exchange Accounts
During the height of the cryptocurrency trading mania, when major exchanges closed their doors to new clients in an effort to cope, it was not uncommon to see people offering big amounts to buy existing accounts. The following case should serve as a warning to anyone considering selling accounts, as you can never know what […]
The post Japanese Police Arrest Chinese Man for Selling Cryptocurrency Exchange Accounts appeared first on Bitcoin News.
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ICOs and Exchange Sign-Ups Create Boom for Automated Compliance Industry
Many of the major cryptocurrency exchanges have announced that a massive influx of new traders in late 2017 caused them to be overwhelmed, leading to degraded services or forcing them to close their doors to new clients. Much of the problem was the need to ensure compliance with complex KYC/AML regulations, which the companies struggled […]
The post ICOs and Exchange Sign-Ups Create Boom for Automated Compliance Industry appeared first on Bitcoin News.
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