The Libra Association has kickstarted the licensing process with Swiss FINMA
After months of speculation, governmental hearings and partners abandoning the project, it seems as if the Facebook-led cryptocurrency Libra has taken a big step towards being recognised by regulators.
Why are anti-money laundering practices and background checks so contested among cryptocurrency exchanges?
Customer background checks have again become a hotly debated topic in the cryptocurrency world.
18 FinTech and RegTech startups investment rounds you missed last week
From: FinTech Global
Despite coronavirus fears, the last week saw a number of FinTech companies raise money.
From TierPoint's massive $320m round to Pruvo's $1.1m,...
BitMEX might add customer due diligence procedures and people are not happy
One of the world’s biggest cryptocurrency exchanges might be about to introduce know your customer (KYC) procedures and people are not happy about it.
Anonymity...
Binance launches peer-to-peer trading in five Latin American markets where cryptocurrencies have been linked...
Cryptocurrency exchange Binance will roll out peer-to-peer (P2P) trading for Brazilian Real, Argentine Peso, Colombian Peso, Mexican Peso and Peruvian Sol just weeks after digital money was tied to crime in the region.
Digitex CEO removes KYC from the exchange after major hack and brushes of money...
Cryptocurrency exchange Digitex will no longer do know your customer (KYC) checks on its users after personal data of more than 8,000 customers was recently stolen.
Cybercrime is rife in Latin America but is often overlooked study finds
Drug cartels, political corruption, economic struggles and internet censorship are all factors that have contributed to making Latin America a hotbed for cybercrime, according to a new report.
CFTC charges foreign exchange firm with fraud in a bitcoin-linked Ponzi scheme
A foreign exchange firm used its investors’ money for personal expenses such as buying a BMW, according to charges brought out against it by the Commodity Futures Trading Commission (CFTC).
New UK court ruling classifies bitcoin as a legal property
Cryptocurrencies are still reasonably new, meaning that every legal aspect of it is still not 100% clear. Yet, a new case might help shed some light.
Estonia is changing its money laundering rules for cryptocurrencies
Digital currency providers have a new set of rules to comply to if they want to do business in Estonia.
