Thai SEC Holds Focus Group to Clarify New Crypto, ICO Regulations
Thai SEC details rules for running ICOs in a focus group today Go to Source Powered by WPeMatico
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Bermuda Signs MOU with Blockchain Project Shyft for $10 Mln in Economic Development
Bermuda has signed a memorandum of understanding with blockchain network Shyft, which provides ID solutions for compliance and due diligence mandates Go to Source Powered by WPeMatico
Russia’s Digital Economy Bill Supported by State Duma Committee in Move Towards Crypto Regulation
A State Duma committee will support the first reading of Russia’s initiative for adding digital economy norms to the Civil Code Go to Source Powered by WPeMatico
EU Adopts Rules to Reduce Anonymity for Crypto Users
A directive affecting the crypto sector in Europe has been adopted by the EU Council. The document updates the anti-money laundering legislation of the European Union to address, among other issues, “the risks linked to virtual currencies.” The new rules aim to reduce anonymity for both users and transactions with requirements for know-your-customer procedures that … Read more
150 ICOs and STOs Adhere to KYC and AML Guidelines with the Help of IdentityMind Global
KYC and AML procedures play an increasingly important role in the world of cryptocurrency. This is especially true when dealing with initial coin offerings. IdentityMind has already processed 150 client requests in the past few months. It’s a very positive trend that will bring more legitimacy to the ICO industry moving forward. IdentityMind is on … Read more
EU Approves AML Legislation Targeting Anonymity In Crypto Market, Local Sources Report
Final EU vote ratifies laws targeting anonymity using cryptocurrencies and other payment tools, local sources report Go to Source Powered by WPeMatico
DMG Blockchain Solutions Addresses AML Risk Through BitScore API
In the world of cryptocurrency, exchanges and trading platforms need to adhere to some very strict guidelines and rules. DMG Blockchain Solutions recently introduced BitScore, which serves as a cryptocurrency deposit and withdrawal risk-scoring web API for AML and anti-fraud compliance. BitScore can Make a Positive Impact Trading platforms and exchanges dealing in cryptocurrency face a lot … Read more
In A Bid For Transparency, European Crypto Exchanges Call For Regulations
European crypto industry says to regulators: let us “know where we stand” with comprehensive and fair rules Go to Source Powered by WPeMatico
Japan’s Financial Watchdog Sets Out New Requirements For Crypto Exchanges
Japan’s financial regulator sets new investor protection requirements for domestic crypto exchanges, local sources report Go to Source Powered by WPeMatico
Bitcoin Is Not Used by Organized Crime Syndicates Says Hong Kong Government
Bitcoin is often accused by regulators, governments and central bankers as being a tool for money laundering by criminal organizations, usually without presenting any evidence. A new report from Hong Kong, a major international financial hub and nexus for trade between China and the whole world, spells this out clearly. Also Read: Bitcoin in Brief … Read more
