One thing disruptor banks didn’t expect to be challenging: Compliance
Innovative challengers are building compliance into their DNA and outcompeting established players. Go to Source
KYC
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Regulation compliance key to India’s crypto future — Bitget COO
As crypto exchanges face regulatory challenges globally, Bitget chief operating officer Vugar Usi Zade emphasized compliance and innovation for sustainable growth. Go to Source
Uphold’s Topper brings crypto withdrawals to all non-custodial wallets
Topper’s crypto off-ramp solution is designed to allow anyone using a self-custodial wallet like MetaMask to convert their crypto into fiat. Go to Source
Brazil proposes to ban stablecoin withdrawals to self-custodial wallets
Brazil, the second-largest market for stablecoin transactions, could be set to ban stablecoin withdrawals to self-custodial wallets like MetaMask. Go to Source
South Korea probes Upbit for 600K KYC violations
Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal. Go to Source
AI deepfake tool on ‘new level’ at bypassing crypto exchange KYC: Report
The new AI-powered tool, customized specifically to target crypto exchanges and financial platforms represents “a new level of sophistication” in fraud, says cybersecurity firm Cato. Go to Source
Academic paper suggests governments should attack public blockchains
Crypto exchange Kraken has announced the delisting of Monero in the European Economic Area to maintain compliance with EU regulations. Go to Source
Binance Secures 20th Global Milestone With Argentina Crypto Registration
Crypto exchange Binance has achieved a significant milestone by joining Argentina’s Virtual Asset Service Providers Registry, marking its 20th global regulatory achievement. This allows Binance to expand its full range of services to Argentina-based users, further embedding itself in the country’s cryptocurrency market. Binance Joins Argentina’s Crypto Registry, Strengthens Global Compliance Crypto exchange Binance announced … Read more
US trading app Robinhood launches ‘crypto transfers’ in Europe
Robinhood users in Europe can now deposit and withdraw crypto using external wallets and exchanges like Binance. Go to Source
Crypto founders increasingly look to ‘geofencing’ amid US uncertainty
Variant Fund chief legal officer Jake Chervinsky says geofencing is an extreme measure to ensure compliance with US law. Go to Source