Tag: Binance

Customer background checks have again become a hotly debated topic in the cryptocurrency world.

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.

A person is demanding over $3.6m worth of Bitcoin from Binance, the cryptocurrency exchange, or they will release 10,000 photo that are similar to the know-your-customer (KYC) data the company uses.

IdentityMind has formed a partnership with cryptocurrency exchange platform Binance to fortify its compliance and data security measures.

Refinitiv, a provider of data, analytics, trading and risk assessment tools, will provide cryptocurrency exchange Binance with KYC tools.

Binance is working with Chainalysis, a crypto compliance and investigation software provider, to implement a new global compliance solution.

Binance, one of the world’s largest cryptocurrency exchanges, is launching a $1bn Social Impact Fund.

Bermuda has launched legislation to regulate cryptocurrency and initial coin offerings, with Binance investing $15m in the country.