France moves to ban anonymous crypto accounts to prevent money laundering
France is preparing new frameworks to prevent anonymity in crypto. Go to Source Powered by WPeMatico
KYC
Auto Added by WPeMatico
Illegal Bitcoin use is down, but privacy wallet laundering is up, says analytics firm
2020 has apparently been the year of privacy wallets, as more exchanges onboard KYC requirements. Go to Source Powered by WPeMatico
It’s time to mature: We need compliant decentralized finance
It’s up to the community to educate regulators and help them build a framework that achieves and maintains both sides’ goals. Go to Source Powered by WPeMatico
Crypto.com secures an Australian Financial Service License
The mandatory license will allow Crypto.com to issue crypto debit cards in Australia. Go to Source Powered by WPeMatico
Former Microsoft Engineer Says Nigerian Expatriates Are Using Bitcoin to Circumvent Country’s Overvalued Exchange Rate
A former Microsoft software engineer and co-founder of Buycoins Africa Tomiwa Lasebikan says some Nigerians expatriates are now using bitcoin to circumvent the country’s overvalued exchange rate when sending remittances. According to Lasebikan, the Central Bank of Nigeria (CBN)’s fixed exchange rate of $1:380 is robbing recipients 20-30% of their remittance value each time they … Read more
Crypto lobby defends self-hosted wallets and P2P from rumored gov’t crackdown
As everyone waits on new KYC and AML regulators, many speak out to keep unhosted wallets free of controls. Go to Source Powered by WPeMatico
A New Bitcoin Mining Pool Claims It Has Tools to Censor Blockchain Transactions
A blockchain and technology company claims its new bitcoin mining pool is embedded with tools that enable the pool to censure transactions in the blocks they mine. According to a statement issued by the DMG, the parent company to Blockseer mining pool, this ability allows the latter to “exceed” the compliance requirements of the U.S. … Read more
BitMEX crypto exchange steps up AML and trade surveillance measures
New technology will help screen out bad actors, BitMEX says. Go to Source Powered by WPeMatico
CZ and Vitalik agree blockchain based voting is a must
Binance’s CEO and Ethereum co-founder Vitalik Buterin believe blockchain-based voting apps would significantly improve current voting systems. Go to Source Powered by WPeMatico
The crypto compliance lie: Sacrificing privacy does not make us safer
The lightchain-vs.-darkchain dichotomy is counterproductive, and a healthy graychain will produce more valuable crypto assets like Bitcoin. Go to Source Powered by WPeMatico
