The crypto industry can fight money launderers effectively, but not the way FATF wants it to, a CEX.IO compliance officer writes.
E-commerce giant Rakuten has partnered with blockchain analytics firm CipherTrace to ensure AML compliance for its soon-to-launch exchange platform.
Facebook has hired two Coinbase vets to work in compliance roles, and at least one is involved in the social network's blockchain effort.
Binance has partnered with blockchain analytics startup Elliptic to combat money laundering as it continues to expand.
U.S. regulator FinCEN has for the first time penalized a cryptocurrency trader for breaking anti-money laundering rules.
Binance is partnering with the blockchain analytics firm CipherTrace to beef up its anti-money laundering procedures.
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.
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.