Tag: Cryptocurrency

The intersection of cybersecurity and financial crime has emerged as a pivotal area of concern for both regulators and businesses globally.

Corlytics has released its regulatory enforcement data for Q3, showcasing a surge in regulatory actions, record fines, and a stronger emphasis on senior staff conduct.

Notabene, the leading digital asset payment authorization network, announced today that it has raised $14.5m in a Series B funding round.

Neobanks have reshaped the banking landscape, boasting a customer base jump from 7.7m in 2018 to nearly 20m by the end of 2019 in the UK alone.

In today's rapidly evolving digital world, the fight against financial crime networks demands both vigilance and innovation.

Hypernative, a leader in Web3 security solutions, has successfully secured a $16m Series A funding round.

On June 28, 2024, the IRS released the much-anticipated final regulations for digital asset brokers, providing detailed guidance for reporting sales and exchanges of digital assets.

As we step into the second month of 2024, financial institutions (FIs) and regulated entities face a future that is anything but certain. Following a year marked by considerable upheaval, the question on everyone's mind is how to best prepare for what lies ahead.

In recent years, United States financial regulators have established themselves as global leaders in enforcement. In 2022, they imposed $3bn in fines, nearly three quarters of the world’s $4.2bn total. 2023 continued this trend, with US financial institutions paying 83% ($157.26m) of total penalty dollars, a stark contrast to their 10% share in global regulatory violations.

WISeKey International Holding, a global leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions, announced its subsidiary, WISe.ART, has successfully closed a strategic investment round with The Hashgraph Association (THA), a Swiss-based non-profit accelerating the global adoption of the Hedera network.