Binance is partnering with the blockchain analytics firm CipherTrace to beef up its anti-money laundering procedures.
Online payments giant PayPal has taken a stake in Cambridge Blockchain – its first investment in the blockchain space.
Regtech startup Coinfirm has found that only 26 percent of crypto exchanges have a "high" level of anti-money laundering procedures.
Binance is moving to boost compliance and data security through a new partnership with Medici Ventures portfolio firm IdentityMind.
A former prime minister of Denmark and secretary-general of NATO has joined blockchain identity startup Concordium as a strategic advisor.
Soups Ranjan, who worked at Coinbase since 2015 as director of data analysis and fraud prevention, has left the crypto exchange to start something new.
Hans-Ole Jochumsen, who retired the last fall as Vice Chairman of NASDAQ Europe, has joined the advisory board of Concordium Foundation, the non-profit developing the Concordium Network blockchain.
An Abu Dhabi financial center and KPMG say they have successfully completed a trial of a blockchain-based know-your-customer application.
Cryptocurrency exchanges will likely have to reckon with VPN access as part of any regulatory or law enforcement actions for market manipulation.
Binance, the biggest cryptocurrency exchange by trading volume, is rolling out new software to aid detection of potentially illicit transactions.
From ShapeShift's capitulation to KYC to the New York Attorney General's critical look at exchanges, officialdom is striking heavy blows. Stay tuned.
Cryptocurrency exchange ShapeShift's decision to require user ID wasn't forced upon it but was a preemptive step to reduce legal risks, its CEO said.
In order to make public networks secure enough for enterprise use, two key things must happen, says EY's Paul Brody.
If our goal is mass adoption, blockchain and crypto firms should work closely with regulators and come up with new ways to solve big thorny problems.