NYDFS calls for crypto firms to use blockchain analytics
The regulatory agency asked crypto firms to adopt methods to ensure greater risk assessment for potentially problematic transactions. Go to Source Powered by WPeMatico
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Blockchain and crypto can be a boon for tracking financial crimes
The notion of crypto being a tool for money laundering is often propagated by naysayers that include policymakers with a stake in the traditional financial system. Go to Source Powered by WPeMatico
Bitstamp asks users to update the source of their crypto, citing regulatory compliance
Bitstamp now requires users to provide info like nationality, place of birth and tax residency, in addition to documents proving the origin of crypto and the annual income. Go to Source Powered by WPeMatico
MEP Stefan Berger: ‘Yes, we need regulations, but you still have to leave room to breathe’
In an interview with Cointelegraph, the German politician explains why some forces in the European Parliament have suddenly come out in favor of a Bitcoin ban. Go to Source Powered by WPeMatico
Crypto.com’s Cronos partners with Chainalysis to track CRC-20 tokens
Launched in late 2021, the Cronos network has amassed over 450,000 DeFi and NFT users, requiring proper compliance tools. Go to Source Powered by WPeMatico
Crypto mixers’ relevance wanes as regulators take aim
Cryptocurrency mixers offer users a higher level of privacy and anonymity for their transactions, but often run into trouble with regulators. Go to Source Powered by WPeMatico
Web3 Security Firm Certik Raises $88 Million in Series B3 Financing Round Led by Tiger Global and Others
Certik, a Web3 and blockchain auditing and security firm, has raised $88 million in its recent B3 funding round. The round, which was led by Tiger Global and included Goldman Sachs as an investor in the firm, gives the company a valuation of $2 billion. This doubles the valuation that Certik reached via its last … Read more
Unhosted is unwelcome: EU’s attack on noncustodial wallets is part of a larger trend
Regulators on both sides of the Atlantic seem to be nervous about people transacting with their wallets. Go to Source Powered by WPeMatico
EU Parliament can outlaw transacting with ‘unhosted’ wallets, crypto advocate warns
The proposed legislation would require exchanges to verify personal data behind any transaction. Go to Source Powered by WPeMatico
Privacy coins are surging. Will regulatory pressure stall their stellar run?
Many privacy coin developers are convinced that all the necessary mechanisms to regulate AECs are already in place. Go to Source Powered by WPeMatico