The Series B funding was led by seasoned VC firm Accel and included investment from Benchmark, which led the firm's $16m Series A.
Crypto exchanges in the U.K. pose a “low” risk for money laundering and terrorist financing, says a report from the Financial Action Task Force.
Cryptocurrency exchanges will likely have to reckon with VPN access as part of any regulatory or law enforcement actions for market manipulation.
Last week's much-scrutinized letter, in which a Bahamas-based bank appeared to vouch for Tether's balance, has been confirmed as genuine by the bank.
Binance, the biggest cryptocurrency exchange by trading volume, is rolling out new software to aid detection of potentially illicit transactions.
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.
Anti-money-laundering and know-your-customer practices have cost many billions more than all ICO scams put together – yet, what they have produced?
Banks in South Korea are now required to monitor all accounts held by crypto exchanges following a tightening of anti-money laundering measures.
Privacy is needed to enhance the "moneyness" of cryptocurrency. As it is, our entire global system of money has also seen its fungibility deteriorate.