UK Remittance Service TransferGo Adds Crypto Trading UK-based service TransferGo has reportedly become the world’s first remittance operator to offer crypto trading, Bloomberg reported July 27. TransferGo now lets customers buy and sell five…

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Anti-money-laundering and know-your-customer practices have cost many billions more than all ICO scams put together – yet, what they have produced? This article is originally written and posted on https://www.coindesk.com/theres-a-bigger-scam-than-anything-in-crypto-its-called-kyc-aml/. …

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South Korean Financial Watchdog Releases Stricter AML Guidelines for Virtual Currencies South Korea’s top financial regulator has released a set of revised anti-money laundering (AML) guidelines for virtual currencies, according to a press…

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Industry experts and lawyers discussed whether companies should issue security tokens in a panel debate at real estate-focused event BitcoinCRE on June 14. Part of London Tech Week, the event looked…

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Analyst P.A.ID Strategies has revealed the results of research into the on-boarding practices of cryptocurrency wallets and exchanges across the U.S. and Europe, research that focused on which of these crypto…

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The Vancouver Police Department (VPD) has warned Canada’s federal government that cryptocurrencies are increasingly being used by organized crime to launder money. The agency advises that checks and balances are…

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Today, April 20th, EU Parliament voted in a December agreement by 574 votes to 13 votes (with 60 abstentions), which proposed tighter regulation for digital currencies in attempts to prevent…

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Over the past six months we’ve seen numerous high-profile cyber-attacks hitting online cryptocurrency exchanges around the globe. To better protect their digital and fiat assets — in a market that’s…

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The Central Bank of Taiwan is eyeing new rules that would bring bitcoin under the island’s existing anti-money laundering regulations. This article is originally written and posted on https://www.coindesk.com/taiwan-central-bank-proposes-money-laundering-rules-for-bitcoin/.  Visit https://www.coindesk.com/…

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Two South Korean regulators are reportedly launching an investigation of banks’ implementation of anti-money laundering procedures for exchanges. This article is originally written and posted on https://www.coindesk.com/korean-regulators-to-probe-banks-aml-measures-for-crypto-exchanges/.  Visit https://www.coindesk.com/ today for…

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New policies for cryptocurrency exchanges developed by Malaysia’s central bank have gone into effect. Bank Negara Malaysia announced Tuesday that its “Anti-Money Laundering and Counter Financing of Terrorism Policy for Digital Currencies” is…

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Marc Hochstein is the managing editor of CoinDesk. The views expressed here are his own, so don’t blame his co-workers. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered…

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Marc Hochstein is the managing editor of CoinDesk and a former editor in chief of American Banker. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively…

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