compliance News

Match Systems, a leading firm in anti-money laundering solutions, has released a new report on cryptocurrency misuse cases in Latin America. The report reveals two significant illegal activities involving cryptocurrencies: a large-scale drug trade operation and a complex financial pyramid…

Deloitte and blockchain data platform Chainalysis have announced a strategic partnership to improve cryptocurrency compliance measures for their mutual clients. Deloitte and Chainalysis have joined forces to help their shared clients navigate the complex world of crypto compliance. Announced on…

VardexPay is an international company focused on simplifying finances and revolutionizing electronic payment services, providing a convenient and secure solution for users

Binance will adopt a new compliance mechanism for its custody solution. Binance Custody is integrating TRM’s complete service platform to bolster its risk management, ensure regulatory compliance, and help to monitor funds and transactions from its customers. Eliminating Risks and…

IOST — the native coin of the high throughput, enterprise-scale, and DeFi-focused IOST blockchain, will be listed on the Japanese cryptocurrency exchange, CoinCheck, on September 8. This, according to a press release on Sep 1. The development follows the approval from…

San Francisco-based Kraken says the increasing number of law enforcement requests across the globe is placing a significant strain on crypto exchanges. Since 2018, several platforms have been forced to go out of business for reasons other than being victims…

Cryptocurrency is still an emerging industry and regulation is still trying to keep up. While there are few assertive regulatory frameworks in the world, crypto-related companies are often requested to provide information to law enforcement agencies. On January 18, 2019,…

Bitcoin has hit a two-month price high of $7,820, at the time of writing, amidst its ongoing resurgence following a meeting of G20 finance ministers in Buenos Aires on 21 and 22 July 2018. At the meeting, ministers discussed cryptocurrency…

KYC.LEGAL signed up with ICOBox, the premier provider of fixed-price SaaS solutions for conducting ICOs, to conduct its token sale. KYC.LEGAL is a platform that seeks to speed up and simplify the procedure of user verification for the purposes of…

On the morning of September 4, cryptocurrency markets were rattled by news coming out of China that regulators have announced a ban of future initial coin offerings (ICOs) in the People’s Republic. According to local news outlet Caixin, a working…

The impact of both traditional and online gaming relative to local economies has been massive. Despite generating high revenue flows, the industry, however, is viewed negatively in some circles and has long faced heavy regulation and compliance oversight. In 2016,…

Blockchain technology has many different use cases, all of which can transform our daily lives. India-based uTrade Solutions has launched a new Know-Your-Customer platform, which is driven by distributed ledger technology. Under the name KYChain, this new solution will be…

The cryptocurrency Dash, whose key features are its anonymity and its speed, is opening itself open for commercial adoption by partnering up with the London-based blockchain AML and compliance startup Coinfirm. Dash was launched in January 2014 and was originally…

With blockchain technology and digital currency growing in worldwide use, questions still remain unanswered regarding the regulatory state of this expanded landscape. As concerns about corporate fraud and terrorist funding continue to surface, digital transactions are experiencing increased scrutiny as…