Browsing the "KYC" Tag

‘Onerous’ FATF Recommendations Harmful for Crypto Transparency: Chainalysis

| Nikhilesh De

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

Binance Partners With CipherTrace in Latest Compliance Push

| Leigh Cuen

Binance is partnering with the blockchain analytics firm CipherTrace to beef up its anti-money laundering procedures.

PayPal Makes Its First-Ever Investment in a Blockchain Startup

| Ian Allison

Online payments giant PayPal has taken a stake in Cambridge Blockchain – its first investment in the blockchain space.

hacker, dark web

Most Crypto Exchanges Still Don’t Have Clear KYC Policies: Report

| Leigh Cuen

Regtech startup Coinfirm has found that only 26 percent of crypto exchanges have a "high" level of anti-money laundering procedures.

Binance Tightens Compliance, Turning to IdentityMind for KYC

| Yogita Khatri

Binance is moving to boost compliance and data security through a new partnership with Medici Ventures portfolio firm IdentityMind.

Ex-NATO Chief, Danish PM Now Advises Blockchain Firm Concordium

| Yogita Khatri

A former prime minister of Denmark and secretary-general of NATO has joined blockchain identity startup Concordium as a strategic advisor.

Coinbase’s Director of Data Science and Risk Leaves to ‘Build From Scratch’

| Anna Baydakova

Soups Ranjan, who worked at Coinbase since 2015 as director of data analysis and fraud prevention, has left the crypto exchange to start something…

Former NASDAQ Exec Joins Blockchain Startup Concordium

| Anna Baydakova

Hans-Ole Jochumsen, who retired the last fall as Vice Chairman of NASDAQ Europe, has joined the advisory board of Concordium Foundation, the…

Blockchain ‘Radically Simplifies’ KYC, Say UAE Trial Participants

| Yogita Khatri

An Abu Dhabi financial center and KPMG say they have successfully completed a trial of a blockchain-based know-your-customer application.

Crypto Exchanges Should Take a Hard Look at IP Address-Masking Services

| Richard Malish

Cryptocurrency exchanges will likely have to reckon with VPN access as part of any regulatory or law enforcement actions for market manipulation.