KYC

Colombo, Sri Lanka (PicadorPictures/Shutterstock)

The Central Bank of Sri Lanka is about to decide which firm will develop a blockchain platform that could speed the processing of bank users' ID information.

By Sebastian Sinclair

Jul 2, 2020 at 9:38 a.m. UTC

Jul 2, 2020

Sri LankaKYCBankingcentral banks

Policy

Kyc

Identity Startup Notabene Launches Exchange Tool for FATF Travel Rule Compliance

A Financial Action Task Force meeting this week is proving to be a popular time for industry players to launch compliance-minded tech solutions.

By Ian Allison

Jun 23, 2020 at 12:00 p.m. UTC

Jun 23, 2020

KYCFATFTravel RuleOpenVASPVASPsNotabene

Markets

Compliance

LocalBitcoins' Volume Holds Steady Despite Stricter Compliance Procedures

Banning cash transactions and requiring identity verification has not noticeably hurt bitcoin’s oldest operating peer-to-peer exchange, market data shows.

By Zack Voell

Jun 9, 2020 at 7:25 p.m. UTC

Jun 9, 2020

ComplianceLocalBitcoinsKYCBitcoin

Securitize cofounder and CEO Carlos Domingo (Credit: Securitize)

Markets

Kyc

Securitize Builds Digital ID Service in Hopes of Creating Industry Standard

Securitize is rolling out a digital ID service so issuers, investors and other players in the security token market don't have to keep sending the same documents to every comp...

By Nikhilesh De

May 7, 2020 at 5:00 p.m. UTC

May 7, 2020

KYCSecuritiesSecurity TokensSecuritizeDigital Idenitty

Tech

Privacy

P2P Exchange Hodl Hodl Takes First Step in Bringing Private Bitcoin Trades to BlueWallet Users

Users of the BlueWallet app can now view available trades on Hodl Hodl, with trading coming soon.

By Anna Baydakova

Apr 3, 2020 at 3:00 p.m. UTC

Apr 3, 2020

PrivacyWalletsKYCP2PTradingHodl HodlBluewallet

The U.S. retains "minor deficiencies" in its policing of the virtual asset space. (Credit: Shutterstock)

Policy

Kyc

FATF Says US 'Largely Compliant' With Virtual Currency Recommendations

A new Financial Action Task Force report says the U.S. is largely in compliance with its recommendations around digital assets, but still has some "minor deficiencies" in its...

By Danny Nelson

Apr 2, 2020 at 7:10 a.m. UTC

Apr 2, 2020

KYCAMLFATFRegulationTravel Rule

George Bailey knew his customers, image via Wikimedia Commons

Markets

Fincen

Poloniex Drops KYC for Withdrawals Below $10,000 Following US Exit

The new KYC requirements come a week after Poloniex completed its U.S. exit.

By Paddy Baker

Dec 23, 2019 at 4:49 p.m. UTC

Dec 23, 2019

FinCENCirclePoloniexKYCBinanceJustin Sun

Markets

Elliptic

Here's a New Banking Tool for Vetting Crypto Exchanges

Blockchain forensics firm Elliptic is now offering banks a product that aims to provide up-to-date risk profiles of more than 200 of the largest crypto exchanges around the wo...

By Nate DiCamillo

Dec 11, 2019 at 12:00 p.m. UTC

Dec 11, 2019

EllipticKYCAMLBankingSilvergate Bank

Policy

Kyc

A Third of Crypto Exchanges Have Little or No KYC, Says CipherTrace

Around one third of the top 120 exchanges are "weak" when it comes to know-your-customer (KYC) verification, while two-thirds "lack strong KYC policies," the firm said.

By Daniel Palmer

Nov 28, 2019 at 10:42 a.m. UTC

Nov 28, 2019

KYCAMLFATFRegulation