Binance U.S CEO highlights problems with KYC

Cryptocurrencies appear to be the much-needed asset class during times like these with the pandemic and growing economic uncertainty. However, its technical and complex nature has kept many regulatorsThe post Binance U. дальше »

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Crypto exchange CoinDCX adopts Onfido’s fully automated KYC

CoinDCX, an India-based cryptocurrency exchange, today announced a partnership with global identity verification and authentication company Onfido, to digitally automate its KYC process. Onfido’s technology uses artificial intelligence (i. дальше »

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Binance Korea to Improve KYC/AML Framework With Coinfirm’s Compliance Solution

News has emerged regarding a strategic partnership between South Korean Chapter of Crypto exchange – Binance and Coinfirm. Coinfirm will assist Binance in flagging transactions that are deemed suspicious. дальше »

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The Evolution of AML/KYC Regulations in Crypto

One of the primary goals of the cryptocurrency is to rehabilitate trust in the economy. However, the last couple of years have demonstrated the importance of regulation in cryptocurrency. While a plethora of exciting projects have emerged in the crypto space, the industry’s widespread adoption has been prevented by untrustworthy behavior, such as embezzlement of […] The post The Evolution of AML/KYC Regulations in Crypto appeared first on BeInCrypto. дальше »

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KYC: что это и для чего

Идентификация клиентов как в банковской сфере, так и в любом...

Сообщение KYC: что это и для чего появились сначала на ПрофитГид: рейтинг ICO, блокчейн, биржи и курсы криптовалют.

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FinCEN Director Blanco Concerned About Bad Actors Hijacking Crypto

The head of the agency that enforces the Bank Secrecy Act and KYC requirements in the U.S. says the agency aims to help crypto innovate responsibly. дальше »

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Facebook заменяет Calibra на Novi и подтверждает обязательный KYC

Гигант социальных сетей Facebook меняет название своей дочерней компании Calibra,... Сообщение Facebook заменяет Calibra на Novi и подтверждает обязательный KYC появились сначала на ПрофитГид: рейтинг ICO, блокчейн, биржи и курсы криптовалют. дальше »

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Simplex Payment Provider Cancels KYC for Transactions Under $150

Simplex is a leading provider of fraud-free payment technologies, well-known for its crypto-to-fiat solutions. Now it announces a very attractive offer for crypto newbies дальше »

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CipherTrace’s Tracking Tool Will Help Banks Keep a Closer Eye on Crypto

CipherTrace, a crypto-centric tracking service, has announced the launch of a new KYC and AML product. Called Armada, it arms banks and financial institutions with the tools needed to monitor...The post CipherTrace’s Tracking Tool Will Help Banks Keep a Closer Eye on Crypto appeared first on Crypto Briefing. дальше »

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EU Parliamentary Report on Crypto Oversight Suggests Stricter Measures than 5AMLD

The EU parliament has been quite progressive in defining crypto legally compared to the global pace. This body adopted the current 5AMLD crypto governing infrastructure back in 2018. At the time, they were moving to enforce stricter KYC/AML laws to curb illegal activities within the crypto markets. дальше »

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Crypto Payment Network Partners With ID Screening Service

The cryptocurrency network looks forward to strengthening their AML/KYC processes with the support of Shufti Pro

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Crypto Market Forecast: 6th April

Crypto assets continued a mini recovery this week. Large-cap assets enjoyed double-digit gains and a number of exchanges have reported a boost in new signups and KYC verifications. Bitcoin may be enjoying a boost as traditional markets and central banks continue to buffeted by the COVID-19 economic crisis. дальше »

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Wells Fargo инвестирует 5 миллионов долларов в стартап, соединяя крипто-биржи и банки

Финансирование Wells Fargo Strategic Capital (WFSC) направлено на не слишком давно запущенное решение, которое помогает крипто-биржам выиграть банковские отношения. Banking Big Wells Fargo поддерживает блокчейн-криминалистическое агентство Elliptic Продукт предоставляет собой счет за благополучие более чем 200 крипто-обменникам по всему миру, защищая их от того, как они проводят проверки «знай своего клиента» (KYC), и регулируются ли […] Больше марок Сообщение Wells Fargo инвестирует 5 миллионов долларов в стартап, соединяя крипто-биржи и банки появились сначала на wallbtc.info. дальше »

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Crypto wallet and donation app BABB adds fiat gateway, now available on Google Play

BABB, a crypto wallet banking and donation app, announced today the opening of fiat top-ups to everyone on both iOS and Android Beta versions who have verified KYC on their user profile. Users who didn’t previously own native BAX tokens can now buy BAX directly from their credit/debit card to use on the BABB platform. дальше »

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MakerDAO’s Gustav Arentoft: Decentralization Is Not a Binary Choice

MakerDAO expanding to South East Asia: “When we started talking with them, we had 10 or 20,000 people on the platform. Now, before we have even launched, we had more than 600,000 people pass through KYC” дальше »

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Blockchain supply chain finance platform Envoy integrates KYC Hub

Envoy, a blockchain-powered global supply chain platform, announced that it has teamed up with KYC Hub to take advantage of its anti-money laundering, business verification, workflow management and know your customer (KYC) solutions as Envoy onboards legacy clients onto its trade finance platform. дальше »

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Chainalysis and Paxful Set Compliance Standard for Peer-to-Peer Exchanges

Blockchain analysis company Chainalysis has announced a partnership with Paxful to boost the Bitcoin marketplace’s KYC compliance efforts. Chainalysis’ Dim View of P2P Exchanges  For Chainalysis, peer-to-peer (P2P) cryptocurrency exchanges...The post Chainalysis and Paxful Set Compliance Standard for Peer-to-Peer Exchanges appeared first on Crypto Briefing. дальше »

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BitMEX may be about to add KYC, and that’s bearish for Bitcoin: traders explain why

BitMEX, the leading Bitcoin and crypto-asset derivatives exchange, has long played a central role in these nascent markets. The firm’s Bitcoin (XBT) perpetual swap — the infamous vehicle that allows traders to 100x leverage their capital in exchange for mind-blowing profits or a brutal margin call — just months ago passed $2 trillion in contracts […] The post BitMEX may be about to add KYC, and that’s bearish for Bitcoin: traders explain why appeared first on CryptoSlate. дальше »

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FINTRAC ужесточит правила регулирования цифровых активов

Центр анализа финансовых операций и отчетности Канады (FINTRAC) представит обновленные правила по регулированию цифровых валют с целью противодействия отмыванию денег. Согласно правилам, которые вступят в силу 1 июня 2020 года, биржи будут обязаны пересмотреть свои политики по прохождению процедуры KYC. дальше »

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6 Cryptocurrency Exchanges That Don’t Require KYC

These days, it’s taken as a given that KYC must be endured to trade cryptos on centralized exchanges. In fact, there are still dozens of exchanges you can access without having to risk your personal documents and identity. дальше »

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North Korea may have exploited KYC loopholes to launder $100M in crypto

North Korea has been subject to a Financial Action Task Force [FATF] call to protect the international financial system from the ongoing risk of money laundering and terror financing for a long time nThe post North Korea may have exploited KYC loopholes to launder $100M in crypto appeared first on AMBCrypto. дальше »

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Revealed: How North Korea Laundered $100 Million of Stolen Crypto

CipherTrace has detailed how two men managed to fool KYC processes and launder more than $100 million of stolen crypto on mainstream exchanges

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Исследование: биткойны с пирамиды PlusToken выводят через биржи с процедурами KYC

Исследование компании OXT Research показывает, что большая часть биткойнов, собранных пирамидой PlusToken, была выведена через криптовалютные биржи, идентифицирующие клиентов. Согласно отчету, организаторы пирамиды использовали сервисы микширования для того, чтобы скрыть происхождение монет. дальше »

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Tokeny works with Cynopsis on streamlined investor compliance service

Tokeny Solutions, a provider of tokenization technology, announced a new partnership with Cynopsis; to offer their clients a secure and streamlined investor compliance solution. The collaboration aims to ensure investor onboarding and ongoing KYC/AML checks are processed smoothly using Tokeny Solutions’ services; and Cynopsis’ products – Ares, Artemis, and Athena. дальше »

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Bitcoin.com Local Gathers Steam as Other P2P Markets Falter

The bitcoin marketplace Localbitcoins was once the most popular peer-to-peer (P2P) trading platform. But during the last few years, the company’s trading requirements and KYC implementation have caused an influx of traders to migrate to different P2P crypto markets. дальше »

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Crypto Exchange Digitex Removes KYC to Protect User Data

Digitex will start removing KYC rules in response to a major personal data leakage that happened in February, CEO reveals

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‘Digileaker’ Claims to Have Stolen KYC Documents for 8,000 Digitex Users

In an escalating data breach, Digitex has seen some of its customers’ KYC data leaked on Telegram

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Crypto Contributes to Money Laundering Problems in Latin America, Report

Crypto exchanges in Latin America attract money launderers due to “extremely lax” AML and KYC regulations, a new report says

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Binance Joins Blockchain Network for Cross-Industry KYC Data Sharing

Binance has partnered with the Shyft Network as the exchange prepares with new compliance standards from the FATF

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Equa added to the Polymath Token Studio Service Provider Marketplace

Equa, which helps organizations manage their agreements while empowering better ownership decisions, is now listed in the Polymath Service Provider Marketplace. In the marketplace, security token issuers can connect with various service providers, such as cap table management providers, broker-dealers, law firms, KYC providers, and more for their security token offerings. дальше »

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UAE: Moody’s Rates Dubai’s KYC Blockchain Platform “Credit Positive”

According to a report by The National published on February 26, 2020, a recently formed consortium of six banks and licensing authorities in the UAE has been declared “credit positive” for lenders in the country by Moody’s Investors Service. дальше »

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Upbit Blames South Korea’s Taxation and KYC Hurdles in Foreigners’ Frozen Funds Saga

Upbit crypto exchange woes are still on after it emerged that foreign clients to this South Korean firm are yet to withdraw their ‘frozen’ funds. The platform suffered a blow when close to $50 million worth of Ether was stolen upon a successful hack towards the end of 2019. Most of the affected clients are […] дальше »

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BitMix brings back anonymity in crypto transactions

Anonymity is one of the key characteristics of cryptocurrency transactions. With KYC, AML and other procedures in place, major identity problems have risen while converting crypto to fiat and back. дальше »

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Currency.com Accused of Exploiting KYC to Withhold Customer Funds

Know Your Customer (KYC) and Know Your Transaction (KYT) are ostensibly deployed by exchanges to combat money laundering. In practice, these provisions are used as an excuse to surveil, cajole, and threaten customers, who risk losing funds if they are unable to meet the impossibly high burden of proof. дальше »

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Erik Voorhees: Within Five Years There Will Be a Major Financial Meltdown and Crypto Will Be Ready

When ShapeShift implemented KYC requirements, Erik Voorhees lost 95 percent of his users. But he remains as committed to crypto as ever. дальше »

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Crypto KYC/AML: Finding the Balance Between Business Efficiency and Compliance

As the crypto and blockchain industry continues to evolve, we must find the right balance between growing compliance requirements, new (and often uncertain) regulation and business efficiency. With the popularity of cryptocurrency on the rise also comes a new era of money launderers that must be dealt with effectively. дальше »

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Bitcoin Options on Deribit record ATH volume after new KYC requirements

Deribit exchange continues to maintain its dominance in the Bitcoin Options market, with its trading volume over the last few months continuing to dwarf other exchanges, despite competition from the lThe post Bitcoin Options on Deribit record ATH volume after new KYC requirements appeared first on AMBCrypto. дальше »

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Monero dominates privacy coin market as Zcash, Dash follow suit

Though Bitcoin is quite heavily misadvertised as an anonymous payment network, it is actually one of the more transparent crypto-networks to transact on. In the early days of cryptocurrency, when KYC The post Monero dominates privacy coin market as Zcash, Dash follow suit appeared first on AMBCrypto. дальше »

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FINMA обяжет проходить проверку KYC для операций с криптоактивами более чем на $1 000

Швейцария ужесточает криптовалютное регулирование. Так, пользователи цифровых валют будут обязаны пройти идентификацию при осуществлении операций с криптоактивами на сумму более $1 000. Швейцария, известная дружественным отношением к новым технологиям, которое привлекает в страну сотни криптовалютных компаний, расширяет свою финансовую нормативную базу. дальше »

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Blockpass crypto KYC service app launches members-only club

Blockpass, a gateway to financial services and other regulated offerings, with one-click KYC submission, today revealed the creation of PASS Club; a new members-only club for users of the Blockpass app. дальше »

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Voice By Eos.io (EOS) Severely Criticized for KYC and Content Restrictions

Jacque Whales of Novusphere, the team behind the EOS-based forum Discussions.app, chastised the brand new Voice platform by Block.one for strict KYC and content policies. дальше »

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Rebranded Localcryptos Lets You Cash Out BTC Peer to Peer – Minus the Hassle of KYC 

If you’ve ever had a sudden need for fiat while all in crypto, you’ll understand the difficulty of cashing out without KYC-ing away your identity and that of your unborn children. Localbitcoins is now an AML hellhole, Bisq is great if you’re happy to wait two days for a trade, which leaves what exactly? Localcryptos. дальше »

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Localcryptos Lets You Cash Out BTC P2P – Minus the KYC 

If you’ve ever had a sudden need for fiat while all in crypto, you’ll understand the difficulty of cashing out without KYC-ing away your identity and that of your unborn children. Localbitcoins is now an AML hellhole, Bisq is great if you’re happy to wait two days for a trade, which leaves what exactly? Localcryptos. дальше »

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Panic Withdrawals at Indian Bank Over Alarming KYC Notice

Hundreds of customers went on a withdrawal spree after an Indian bank announced its revised KYC requirements. The bank’s action followed the decision by the Reserve Bank of India (RBI) to include the National Population Register letter as a valid KYC document for opening bank accounts. дальше »

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CasinoCoin releases unified KYC-ready ‘Bankroll Manager’ wallet app

CasinoCoin, a blockchain-powered gaming ecosystem designed with users, operators, and regulators in mind, has announced the release of its new CasinoCoin Bankroll Manager application. The app includes built-in KYC and responsible gaming functionality, that allows users to manage their assets across all CasinoCoin operates in one wallet. дальше »

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PrimeBit Review 2020 – New P2P Crypto Derivatives Platform with 200x Leverage

Loyal to the original ethos of cryptocurrencies, Primebit is the new P2P derivatives exchange that requires no KYC and doesn’t act as a counterparty in your trades. As you read this Primebit review, you will surely raise your eyebrows to some unique features this platform offers and, if you are an experienced trader with years […]The post PrimeBit Review 2020 – New P2P Crypto Derivatives Platform with 200x Leverage appeared first on CaptainAltcoin. дальше »

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Deribit Releases Specifics of New KYC Policy Following Move to Panama

Deribit clarifies new requirements for customer information to take effect following move to Panama, itself an effort to avoid new E.U. AML regulation

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Crypto derivatives exchange Deribit publishes new KYC levels and requirements

Deribit, the popular crypto derivatives exchange company, today published updated Know Your Customer (KYC) requirements to take effect on February 10th, 2020. These new KYC levels come following the announcement earlier this month that Deribit, a Dutch company, will be moving its business to Panama. дальше »

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Traders Unsurprised by Deribit’s Move to Panama, Expect Further Exits

Crypto traders are unsurprised by Deribit’s KYC changes and its move to Panama, expecting more platforms to follow

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Crypto Derivatives Exchange Leaves EU for Panama, Expands KYC

Crypto derivatives exchange Deribit leaves EU to avoid new AML regulation, setting up shop in Panama while changing its KYC

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