Industry leaders reflect on PayPal's reported plan to offer direct access to crypto for its 325M users, while banks and crypto startups look for solutions to FATF's Travel Rule.
A Financial Action Task Force meeting this week is proving to be a popular time for industry players to launch compliance-minded tech solutions.
ING Bank, Standard Chartered and others have developed a protocol to handle a new rule for crypto exchanges and firms dealing in digital assets.
The integrations would allow the two blockchain projects to track transactions and identify senders, in line with the FATF's "Travel Rule."
Consensus: Distributed saw discussions over the constitutionality of FATF's Travel Rule and why regulators want DeFi in the U.S.
Your guide to Consensus: Distributed, Day 3: FATF, DeFi and why Bitcoin is still king.
The standard defines a uniform model for data that must be exchanged by crypto firms alongside transactions.
EPAM Systems has joined forces with OpenVASP, pledging to use its programming expertise to help crypto businesses comply with FATF guidance.
Shyft Network is adding yet another blockchain to its decentralized digital identification network.
A new Financial Action Task Force report says the U.S. is largely in compliance with its recommendations around digital assets, but still has some "minor deficiencies" in its state and federal framework.
Canada’s financial crimes watchdog is preparing to implement its broad new virtual currency oversight powers ahead of the Financial Action Task Force’s June 2020 deadline.
The Bithumb exchange is tapping investigative tools offered by Chainalysis just a week after South Korea voted for tough new laws around the space.
South Korean lawmakers voted to place tough new requirements on cryptocurrency exchanges, adding legitimacy to the country’s sprawling crypto economy – and potentially triggering a market consolidation.
Binance, the world’s largest crypto exchange group, has chosen the Shyft Network to help address a looming regulatory requirement.
Hong Kong may soon bolster its policing of the cryptocurrency sector to better conform with international anti-money laundering norms.