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ZK Proofs Enable Defi Platforms to Meet Regulatory Requirements Without Compromising User Data, Says Ex-FCA Regulator

February 16, 2024 by DIGIT

Diana Tlupova, Head of Compliance at Nexera ID, has argued players in the decentralized finance (defi) space can stay ahead of regulators who might want to impose stringent Know-Your-Customer (KYC) rules by using zero-knowledge (zk) proofs to authenticate user credentials. Tlupova contends that, in addition to allowing users to maintain control over their KYC data, … Read more

Categories account verification, AML, daos, Decentralized finance (Defi), Interview, KYC, Privacy

Kucoin agrees to ban New York residents and pay $22 million in settlement

December 12, 2023 by DIGIT

Kucoin users from New York will lose the ability to trade within 30 days and will have their accounts closed within 120 days. Go to Source

Categories AML, KuCoin, KYC, new york

Busy week for Uniswap, and Platypus recovers 90% of hacked funds: Finance Redefined

October 20, 2023 by DIGIT

Uniswap announced it would start charging a swap fee of 15% from Oct. 17, evoking mixed reactions from the crypto community. Go to Source

Categories Cryptocurrencies, hacks, KYC, uniswap

TrueCoin’s third-party vendor breach potentially leaks TUSD user data

October 17, 2023 by DIGIT

TrueCoin’s internal systems were not impacted or accessed, and the company confirmed that the attack was an isolated incident and limited to a third-party vendor. Go to Source

Categories data, KYC, Stablecoin, trading

KYC hook for Uniswap v4 stirs community controversy

October 15, 2023 by DIGIT

A hook that enables Know Your Customer (KYC) verification on Uniswap V4 pools is fueling debates about DeFi’s future. Go to Source

Categories KYC, Money Laundering, uniswap

OKX exec says KYC will ‘raise the bar,’ bring real capital into crypto: Blockchain Economy Dubai 2023

October 6, 2023 by DIGIT

Lennix Lai, OKX’s global chief commercial officer, told Cointelegraph that bringing traditional finance investors into the space would require raising compliance standards. Go to Source

Categories Blockchain, Cryptocurrency Exchange, Interview, KYC, OKX

UK must loosen KYC demands for crypto to outpace US in Web3 — Think tank

October 6, 2023 by DIGIT

Policy Exchange published its report on Web3 containing 10 proposals for the U.K. government. Go to Source

Categories DAO, KYC, Regulation, United Kingdom, web3

Bitget mandates KYC requirements in line with tightening global regulations

August 21, 2023 by DIGIT

The exchange operator is instituting new KYC requirements for users from September 2023 to comply with developing global regulatory guidelines. Go to Source

Categories Bitget, Cryptocurrency, derivatives, Exchange, KYC, Regulations

UK crypto businesses to comply with FATF Travel Rule beginning in September

August 17, 2023 by DIGIT

The U.K. passed legislation in 2022 to make it one of the few countries in compliance with the extension of the Travel Rule to crypto. Go to Source

Categories AML, Crimes, fatf, KYC

Identity checks on crypto exchanges at risk as AI deepfakes evolve

August 9, 2023 by DIGIT

Once HeyGen’s AI-generated digital avatar is available to the public, users would be able to create a video with a real life-like digital avatar in just two minutes. Go to Source

Categories Binance, Identity, KYC, Verification
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  • ethereumEthereum(ETH)$3,038.96-3.67%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.04-1.85%
  • binancecoinBNB(BNB)$883.91-1.74%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$133.20-3.46%
  • tronTRON(TRX)$0.2874810.51%
  • staked-etherLido Staked Ether(STETH)$3,039.56-3.66%
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  • bitcoinBitcoin(BTC)$89,627.00-2.50%
  • ethereumEthereum(ETH)$3,038.96-3.67%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.04-1.85%
  • binancecoinBNB(BNB)$883.91-1.74%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$133.20-3.46%
  • tronTRON(TRX)$0.2874810.51%
  • staked-etherLido Staked Ether(STETH)$3,039.56-3.66%
  • dogecoinDogecoin(DOGE)$0.139394-4.80%