Browsing the "KYC" Tag

SBI Crypto Exchange Adopts Tech to Help Meet FATF Standards

| Daniel Palmer

VC Trade, the crypto exchange launched by SBI Holdings, is integrating a new wallet solution to help it comply with international KYC standards.

An Extortion Gone Bad: Inside Binance’s Negotiations With Its ‘KYC Leaker’

| John Biggs and Daniel Kuhn

This is the inside story of how a "white hat hacker" approached Binance with inside information - and how it went wrong.

Blockchain Solution for FATF ‘Travel Rule’ to Keep User Data Private

| Daniel Palmer

CipherTrace is teaming with Shyft on a blockchain solution to help crypto firms meet tough new standards from the Financial Action Task Force.

Chainalysis Hires FinCEN Vet to Tackle Crypto’s New ‘Travel Rule’ Challenge

| Anna Baydakova

Chainalysis has hired a FinCEN official to help crypto firms comply with tough new FATF data-sharing requirements.

All Global Crypto Exchanges Must Now Share Customer Data, FATF Rules

| Anna Baydakova and Nikhilesh De

The Financial Action Task Force has officially ruled that crypto firms worldwide must share client data with each other.

gavel, court

It’s FATF’s Way or the Highway for Crypto Exchanges. That’s a Big Mistake

| Serhii Mokhniev

The crypto industry can fight money launderers effectively, but not the way FATF wants it to, a CEX.IO compliance officer writes.

Crypto Exchange Binance.com to Block US Customers from Trading

| Nikhilesh De

Binance will bar deposits and trading by users in certain jurisdictions and those found to violate the exchange's terms of use.

Binance’s Compliance Drive Continues With New Elliptic Partnership

| Yogita Khatri

Binance has partnered with blockchain analytics startup Elliptic to combat money laundering as it continues to expand.

‘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.