I know everything I am looking for is here, watch movies, watch series, education, games, exams, news, current events and many more.
“# FATF includes DeFi in guidance for crypto service providers ” Decentralized finance, or DeFi, continues driving more interest from regulators and is becoming a part of the major international rules designed for virtual asset service providers, or VASPs. On Thursday, the Financial Action Task Force, or FATF, issued a new update to its 2019 guidance…
“# Crypto exchange Bitfinex testing new AML compliance tool ” Cryptocurrency exchanges Bitfinex is preparing to test out a new Anti-Money Laundering (AML) tool on its platform. The firm announced Wednesday that it will be testing a new solution designed for complying with the “Travel Rule,” an AML/Counter Financing of Terrorism regulation for financial institutions introduced…
“# Tether trials Notabene’s new travel rule technology to combat financial crimes ” Tether Operations Limited, the firm operating the Tether (USDT)-centric platform tether.to, announced today that it will use Notabene, an end-to-end solution for cryptocurrency Travel Rule compliance. Tether will begin testing Notabene’s cross-border transaction monitoring system for virtual asset service providers (VASPs) to…
“# Cardano Foundation partners with Coinfirm for FATF and 6AMLD compliance ” The nonprofit organization behind Cardano has partnered with blockchain analytics provider Coinfirm to ensure ADA is in compliance with the Financial Action Task Force’s guidelines. In an Aug. 24 announcement, the Cardano Foundation said it would be using Coinfirm’s services to provide Anti-Money…
“# Senate infrastructure bill isn’t perfect, but could the intention be right? ” United States Senators have cast their votes, and the contentious HR 3684 infrastructure bill cleared in the upper Congress chamber. Now, the gigantic document of over 2,700 pages and amounting to almost $1 trillion is heading to the House of Representatives, including…
“# South Korea’s crypto regulation is now expanding to foreign businesses ” Due to their anonymity or pseudonymity, digital assets are perceived as entailing the risks of money laundering and financing terrorism. In October 2018, the Financial Action Task Force (FATF) adopted changes to its recommendations on financial activities involving digital assets, adding the definitions…
“# DeFi cannot be fully regulated, Siam Commercial Bank president says ” Dr. Arak Sutivong, the CEO of SCB 10X and the president of Siam Commercial Bank (SCB), has offered an insight into how one of the largest venture capital funds in Southeast Asia views the future of DeFi when it comes to the contentious…
“# UN commission serves new warning against BTC adoption in El Salvador ” The Economic Commission for Latin America and the Caribbean, or ECLAC, a United Nations’ regional commission to encourage economic cooperation, is the latest regulator to raise concerns about El Salvador’s decision to accept Bitcoin (BTC) as legal tender. ECLAC executive secretary Alicia…
“# Binance tackles travel rule compliance after multiple bans ” Binance, the world’s top crypto exchange by daily traded volume, has faced a quick succession of bans on its operations in three different jurisdictions: Ontario in Canada, Japan and the United Kingdom. While affected users adjust to these quickfire developments, the platform appears to be…
“# Malta Chamber of Commerce business unit responds to allegations of lax crypto oversight ” A business unit within Malta’s Chamber of Commerce has struck down allegations that the country failed to uphold proper regulatory oversight of cryptocurrency businesses in its early embrace of the industry in 2017 and 2018. The Virtual Financial Assets Agents…