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.
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.