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Privacy coins are surging. Will regulatory pressure stall their stellar run?
27.3.2022
Many privacy coin developers are convinced that all the necessary mechanisms to regulate AECs are already in place
DEXs and KYC: A match made in hell or a real possibility?
23.3.2022
Decentralized exchanges must figure out how to up their Know Your Customer compliance before the regulation wave hits
Animoca Brands, Yuga Labs Tease Bored Ape Secret Project ‘Powered by Apecoin’
20.3.2022
Since the token was launched roughly three days ago, the digital currency apecoin (APE) has been a topical conversation within the cryptocurrency community on forums and social media. So far, just over 82% of the claimable APE has been claimed and 13,672 unique addresses have received APE from...
Yuga Labs faces user backlash for under wraps KYC-restricted project
11.3.2022
Since Yuga Labs partnered with Animoca brands, other plans for a blockchain game expected to release in Q2 of 2022 have been revealed
Binance Launches Bitfinity, a Payments Company Targeting the Web3 Economy
8.3.2022
Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as well as for other blockchains. With this launch, Binance also targets the expanding Web3 economy...
Are crypto and blockchain safe for kids, or should greater measures be put in place?
26.2.2022
Age verification and educations around the implications of blockchain technology should be enforced for minors dabbling in the crypto space
KuCoin Exchange Named the Best Cryptocurrency App of 2022: Everything You Need to Know
26.2.2022
PRESS RELEASE. Leading personal financial services’ evaluator, the Ascent, named KuCoin crypto exchange the best cryptocurrency app of 2022. The Ascent is a flagship product of world-renowned private financial and investing advice company, The Motley Fool. Ascent rated KuCoin Exchange based...
Crypto Exchange Bitmex’s Founders Plead Guilty to Bank Secrecy Act Violations
26.2.2022
The founders of cryptocurrency derivatives exchange Bitmex, Arthur Hayes and Benjamin Delo, have pled guilty to violations of the U.S. Bank Secrecy Act. “As a result of its willful failure to implement AML and KYC programs, Bitmex was in effect a money-laundering platform,” said...
Central Bank of Argentina Prepares New Regulations for Digital Wallets
25.2.2022
The Central Bank of Argentina is reportedly working on a new group of regulations seeking to control the totality of the digital wallets in the country. This new legal framework is directed at stopping fraud said to be facilitated by these tools. According to leaks on local media, the publication...
VAF Compliance Is a Forensic Service Provider That Can Help You Pass KYC/AML for Crypto Banking
23.2.2022
At VAF Compliance a team of experts is ready to help with all of your virtual assets compliance needs. Connect with VAF today; the leading virtual assets compliance company serving the Middle East and customers worldwide. What Is VAF Compliance? The crypto, NFT and metaverse spaces are hot...
What is the importance of blockchain in the RegTech ecosystem?
20.2.2022
RegTech enhances compliance for financial services institutions. This guide explains how blockchain works in banking to achieve this goal
US-based crypto firms join forces for travel rule compliance
16.2.2022
“We are focused on adding new members, so that TRUST can provide comprehensive compliance across the crypto industry,” said the joint announcement
Arab Federation of Capital Markets Partners With UAE to Launch Blockchain Innovation Challenge
16.2.2022
United Arab Emirates (UAE)’s Ministry of Economy has joined hands with the Arab Federation of Capital Markets (AFCM) to kickstart a challenge that encourages fintechs to create a know-your-customer (KYC) verification system based on blockchain technology. Trustworthiness of Data on...
Singaporean megabank DBS works on expanding Bitcoin trading to retail
14.2.2022
DBS Bank’s crypto exchange launched in late 2020, allowing to trade cryptocurrencies only to professional investors
Laundering via digital pictures? A new twist in the regulatory discussion around NFTs
12.2.2022
From money laundering concerns to the categorization dilemma, these topics will define the emerging regulatory discussion around NFTs
Are NFTs an animal to be regulated? A European approach to decentralization, Part 1
6.2.2022
The question facing nonfungible token regulation: Should NFTs be considered as digital assets?
Averted a year ago, controversial transaction monitoring rule is back on Treasury’s radar
31.1.2022
The Treasury will consider imposing KYC regulations on transactions involving self-custodied wallets
Nigerian Crypto Firm Executive: Central Bank Prohibition Led to Growth in Crypto Awareness
31.1.2022
The chief marketing officer (CMO) of a cryptocurrency payments solution company, Rotimi Ogunwede, has insisted that the Central Bank of Nigeria (CBN)’s decision to bar crypto entities from the banking system may be the reason why Nigerians are now more knowledgeable about cryptocurrencies....
Trezor Ditches a Controversial KYC Feature, Plans Features to 'Cut Off Regulatory Overreach'
31.1.2022
Major hardware wallet maker Trezor promised to remove the recently added and controversial know-your-customer (KYC) feature, known as Address Ownership Proof Protocol (AOPP) -- and said it planned new features meant to "cut off regulatory overreach at the source."...
Read More: Trezor Ditches...
Blockchain and Cryptocurrency Is ‘Here to Stay and Impossible to Regulate at Large’ — CEO of a United Arab Emirates Based Bank
29.1.2022
According to the chief executive officer (CEO) of the United Arab Emirates-based financial institution, Bank of Sharjah, blockchain and cryptocurrencies are not only difficult to regulate but are also here to stay. Despite this prediction, the CEO admits that many in the banking industry still...