Top cryptocurrency exchange Binance has partnered with public blockchain protocol Shyft Network as it readies itself to comply with Financial Action Task Force (FATF) regulations. …
Binance Joins Blockchain Network for Cross-Industry KYC Data Sharing Read More »
Binance, the world’s largest crypto exchange group, has chosen the Shyft Network to help address a looming regulatory requirement that firms must share users’ personal …
Binance Throws Weight Behind Shyft Network in ‘Travel Rule’ Standards Race – CoinDesk Read More »
On Feb. 26, Hong Kong’s financial secretary Paul Chan stated that his administration will strengthen its Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) policies regarding …
Hong Kong and Abu Dhabi Change Crypto Regulations to Align With FATF Read More »
Hong Kong may soon bolster its policing of the cryptocurrency sector to better conform with international anti-money-laundering norms, Financial Secretary Paul Chan said in his …
Hong Kong to Consider Additional FATF-Style Regulations for Crypto Exchanges – CoinDesk Read More »
An Iranian general is reportedly calling for the use of cryptocurrency to evade sanctions. Saeed Muhammad, commander of the Islamic Revolutionary Guard Corps’ “Army of …
Iranian General Advocates Crypto Use for Skirting Sanctions: Report – CoinDesk Read More »
Asian companies are accelerating the crypto industry’s push to make exchanges work more like traditional banks. The crypto wallet and security startup CoolBitX raised $16.7 …
CoolBitX Raises $16.7M to Make Crypto More Bank-Friendly – CoinDesk Read More »
Finance ministers and central bankers from the G20 are pushing for wider adoption of standards that compel cryptocurrency exchanges to disclose user information. Following a …
G20 Urges Countries to Adopt Tough FATF Rules on Cryptocurrencies – CoinDesk Read More »
The G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued …
It’s been nearly eight months since the Financial Action Task Force issued its divisive crypto directives, establishing traditional banking regulations within the crypto sector. With …
Governments Begin to Roll Out FATF’s Travel Rule Around the Globe Read More »
The nature of cryptocurrency fraud is shifting away from exchange hacks, and toward Ponzi-style frauds, pyramid schemes and exit scams. A massive 533% rise in …
Crypto Fraud Now Exposing Legacy Banks to Compliance Issues, Reports CipherTrace Read More »
