Company raises $15M to bring privacy-protective compliance to Decentralized Finance (DeFi) Mauve seeks to advance efforts to restore trust in crypto globally NEW YORK–(BUSINESS WIRE)–Violet, the world...
Tag: Compliance
Prove Identity Partners with Bitstamp USA to Further Strengthen Security and Compliance
Prove’s solutions will further bolster Bitstamp USA’s identity verification and KYC controls NEW YORK–(BUSINESS WIRE)–Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced a ...
Binance Moves to Fix Compliance May Not Placate US Regulators
Binance reportedly conceived a plan to throw off US regulators after it became apparent that authorities there were cracking down on the industry. A Binance spokesperson told Blockworks the exchange d...
FATF urges enhanced compliance with virtual asset standards to combat crypto-based crime
Ad The Financial Action Task Force (FATF) urged countries to enhance regulation of virtual assets and ensure compliance with its 2018 standards on virtual assets. The FATF said during its latest Plen...
Binance Admits to Compliance Missteps, but Now in Talks With US Regulators
Leading cryptocurrency exchange Binance had “gaps” in regulatory compliance in the first few years after its launch in 2017, the company’s Chief Strategy Officer (CSO) Patrick Hillmann told the Wall S...
Binance snags former Gemini compliance officer amidst scrutiny over BUSD
Ad Binance has hired and promoted a compliance executive who formerly worked for its competitor, Gemini, according to a Feb. 14 report from the Wall Street Journal. The report indicated that Noah Perl...
SEC Chair Gary Gensler Issues Stern Warning To Crypto Firms, Demands Compliance Following Action on Kraken Staking
In the world of cryptocurrencies, the U.S. Securities and Exchange Commission (SEC) is considered the watchdog. The SEC ensures that investors are protected from fraudulent and illegal activities in t...
How Dusk’s Zero Knowledge Solution Is Helping KYC/AML Compliance
Dusk Network recently announced the launch of Citadel, a bespoke KYC and AML solution incorporating zero-knowledge proofs, digital self-sovereign identity, and automated compliance with regulations. T...
Crypto Asset Compliance on US SEC Agenda in 2023
The Division of Examinations of the U.S. Securities and Exchange Commission (SEC) has said it will focus on emerging technologies and crypto-assets in its 2023 release. The division will examine broke...
Balancing Privacy & Compliance to Ensure High Privacy for CBDC Payments
Today, the public already accepts some financial privacy invasion. Existing digital payment methods, such as debit and credit cards, bank account transfers and mobile money payments do not have a high...
U.S. SEC probes deeper into crypto compliance: What does it entail?
The U.S. SEC was probing registered investment advisors over whether they were compliant with crypto rules. The investigation was accelerated following FTX’s collapse. The United States Securities and...
SEC Launches Investigation into Crypto Custody Compliance
The Securities and Exchange Commission (SEC) is conducting an investigation into registered investment advisers over their cryptocurrency custody compliance. The U.S. agency has been scrutinizing the ...
Bitwise Chief Compliance Officer Says Stablecoin Legislation Could Come This Year
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Blockchain.com’s Chief Compliance Officer joins crypto exchange Kraken
Crypto exchange giant Kraken has hired C.J. Rinaldi as its chief compliance officer. Rinaldi joins Kraken after working at the crypto services firm Blockchain.com as its chief compliance office...
Bitcoin miner Argo regains compliance with Nasdaq minimum bid price rule
Amid bullish action on cryptocurrency markets, Bitcoin (BTC) mining firm Argo Blockchain has regained stock listing compliance with Nasdaq. Argo officially announced on Jan. 23 that the company regain...
Binance to Increase Presence in Poland in Compliance With Local Regulations – Exchanges Bitcoin News
Binance has unveiled intentions to broaden its activities in Poland, another EU member state where the global cryptocurrency exchange is registered. The coin trading platform plans to develop its Poli...
Binance joins association to address compliance with global sanctions
Binance has become one of the first crypto firms to join the Association of Certified Sanctions Specialists, orACSS, in an effort to stay in compliance with global sanctions. In a Jan. 6 announcement,...
Coinbase Settles US Compliance Shortcomings With $100 Million Fine ⋆ ZyCrypto
Advertisement     US largest crypto trading platform, Coinbase, has agreed to part a total sum of $100 million towards settling its compliance worries with US financia...
Coinbase Reaches $100 Million Settlement with New York Regulator Over Compliance Programs
The New York Department of Financial Services said Wednesday it had reached a $100 million settlement with Coinbase over issues regarding the company’s compliance programs. Coinbase, the largest crypt...
Coinbase & NYDFS to settle compliance investigation
The New York Department of Financial Services (NYDFS) has officially announced a consent order in which it will engage its efforts in unraveling factors supposedly overlooked in the case of the compli...
Coinbase fined $100M for compliance failures; Logan Paul wants to sue Coffeezilla
The biggest news in the cryptoverse for Jan. 4 includes the World Economic Forum outlining its future vision for crypto, the US DOJ taking control of Robinhood shares under dispute by FTX-related part...
Coinbase Commits $100M to Improve AML Compliance Practices
The regulators slapped Coinbase with a $50 million fine for violating anti-money laundering laws. It will commit another $50 million to improve compliance. The bad actors have been using cryptocurrenc...
Coinbase Settles for $100M With Regulators Over Compliance System
Key Takeaways Coinbase has reached a $100 million settlement with the New York Department of Financial Services over its compliance program. The exchange has been fined $50 million, and has agreed to ...
SEC Will Use All Available Tools to Crack Down on Crypto Firms That Aren’t in Compliance With Its Rules, Says Chair Gensler – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has revealed that the regulator will use all available tools to bring crypto platforms into compliance with its rules. ...
Prevent Insider Trading By Following New SEC Rules For 10b5-1 Plans
Abuses of 10b5-1 plans, which are supposed to help prevent insider trading, have led the SEC to … [+] tighten the rules. getty Insider trading is a notorious form of white-collar wrongdoing that...
Kraken Settles With U.S OFAC Over Iran Sanctions Compliance
2 hours ago | 2 mins read Exchange News The OFAC claims Kraken did not take reasonable precautions. Kraken will allocate an extra $100,000 to sanctions compliance mechanisms. Kraken, a cryptocurrency ...
Senate Banking Committee Democrats warn SoFi about meeting its compliance deadline
Chairman of the United States Senate Banking Committee Sherrod Brown and three other Democratic committee members sent letters Nov. 21 to federal officials and to Anthony Noto, president of SoFi Techn...
99% ETH OFAC compliance to slow block time to 3hrs but not censor
As the Office of Foreign Assets (OFAC) compliance levels continue to increase on the Ethereum blockchain, a researcher for Scroll ZKp attested to the fact that a censored transaction will still confir...
Musician 3LAU on His Music NFT Platform Royal: ‘We Take Compliance Really Seriously’
Musician 3LAU on His Music NFT Platform Royal: ‘We Take Compliance Really Seriously’ Justin Blau aka 3LAU, CEO of Royal, talks to Decrypt’s Kate Irwin about building his company arou...
a digital asset compliance firm revolutionizing Web3 – crypto.news
TRM Labs provides blockchain intelligence to help financial institutions and government agencies identify and prevent fraud related to crypto. The platform is constantly looking for new ways to improv...