KYC

FATF

Identity Startup Notabene Launches Exchange Tool for FATF Travel Rule Compliance

A Financial Action Task Force meeting this week is proving to be a popular time for industry players to launch compliance-minded tech solutions.

Policy & regulation  ·  23 June 2020
Bitcoin

LocalBitcoins’ Volume Holds Steady Despite Stricter Compliance Procedures

Banning cash transactions and requiring identity verification has not noticeably hurt bitcoin’s oldest operating peer-to-peer exchange, market data shows.

Markets  ·  9 June 2020
Security Tokens

Securitize Builds Digital ID Service in Hopes of Creating Industry Standard

Securitize is rolling out a digital ID service so issuers, investors and other players in the security token market don't have to keep sending the same documents to every company they deal with.

News  ·  7 May 2020
Wallets

P2P Exchange Hodl Hodl Takes First Step in Bringing Private Bitcoin Trades to BlueWallet Users

Users of the BlueWallet app can now view available trades on Hodl Hodl, with trading coming soon.

Tech  ·  3 April 2020
Regulation

FATF Says US ‘Largely Compliant’ With Virtual Currency Recommendations

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.

Policy & regulation  ·  2 April 2020
Binance

Poloniex Drops KYC for Withdrawals Below $10,000 Following US Exit

The new KYC requirements come a week after Poloniex completed its U.S. exit.

News  ·  23 December 2019
Exchanges

SBI Crypto Exchange Adopts Tech to Help Meet FATF Standards

VC Trade, the crypto exchange launched by SBI Holdings, is integrating a new wallet solution to help it comply with international KYC standards.

Policy & regulation  ·  8 August 2019
Binance

An Extortion Gone Bad: Inside Binance’s Negotiations With Its ‘KYC Leaker’

This is the inside story of how a "white hat hacker" approached Binance with inside information - and how it went wrong.

Markets  ·  7 August 2019
Regulation

Blockchain Solution for FATF ‘Travel Rule’ to Keep User Data Private

CipherTrace is teaming with Shyft on a blockchain solution to help crypto firms meet tough new standards from the Financial Action Task Force.

Policy & regulation  ·  2 July 2019
Regulation

Chainalysis Hires FinCEN Vet to Tackle Crypto’s New ‘Travel Rule’ Challenge

Chainalysis has hired a FinCEN official to help crypto firms comply with tough new FATF data-sharing requirements.

Policy & regulation  ·  26 June 2019
FATF

All Global Crypto Exchanges Must Now Share Customer Data, FATF Rules

The Financial Action Task Force has officially ruled that crypto firms worldwide must share client data with each other.

Markets  ·  21 June 2019
Regulation

It’s FATF’s Way or the Highway for Crypto Exchanges. That’s a Big Mistake

The crypto industry can fight money launderers effectively, but not the way FATF wants it to, a CEX.IO compliance officer writes.

Policy & regulation  ·  15 June 2019
Exchanges

Crypto Exchange Binance.com to Block US Customers from Trading

Binance will bar deposits and trading by users in certain jurisdictions and those found to violate the exchange's terms of use.

Markets  ·  14 June 2019
Exchanges

Binance’s Compliance Drive Continues With New Elliptic Partnership

Binance has partnered with blockchain analytics startup Elliptic to combat money laundering as it continues to expand.

Policy & regulation  ·  2 May 2019
Exchanges

‘Onerous’ FATF Recommendations Harmful for Crypto Transparency: Chainalysis

The international watchdog's draft recommendation for KYC compliance are unrealistic and may be harmful to the crypto industry, says Chainalysis.

Policy & regulation  ·  12 April 2019