FATF
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Crypto.com
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Crypto.com
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Crypto.com Becomes First Firm to Incorporate CipherTrace Tool To Comply With New FATF Travel Rule

crypto.com, a Hong Kong-based cryptocurrency payment platfrom with over a 3 million user base has become the first firm to use CipherTrace’s new traveler tool to comply with FATF’s global Anti-Money Laundering (AML) travel rule laws. The newly updated FATF guidelines are considered to be quite complex and thus a compliant solution from CipherTrace makes

Prashant Jha May 3, 2021

crypto.com, a Hong Kong-based cryptocurrency payment platfrom with over a 3 million user base has become the first firm to use CipherTrace’s new traveler tool to comply with FATF’s global Anti-Money Laundering (AML) travel rule laws. The newly updated FATF guidelines are considered to be quite complex and thus a compliant solution from CipherTrace makes

Binance
News
Binance
News

Breaking: Binance Hires Two Former FATF Executives as Regulatory and Compliance Advisor

Binance, the world’s leading cryptocurrency exchange by trading volume has hired two former FATF executives as its regulatory and compliance advisors. The new appointees include former FATF Executive Secretary Rick McDonell and former Head of the Canadian delegation to the FATF Josée Nadeau. As Bitcoin hodlers worry about FATF regulations, the world's largest Bitcoin exchange,

Prashant Jha March 25, 2021

Binance, the world’s leading cryptocurrency exchange by trading volume has hired two former FATF executives as its regulatory and compliance advisors. The new appointees include former FATF Executive Secretary Rick McDonell and former Head of the Canadian delegation to the FATF Josée Nadeau. As Bitcoin hodlers worry about FATF regulations, the world's largest Bitcoin exchange,

Dash
Altcoin News
Dash
Altcoin News

Dash [DASH] Carries Lower Risk of Regulatory Non-Compliance Than Bitcoin: Dash Executive

Dash [DASH], which is deemed as a privacy coin, has come under fire for its alleged non-compliance with FATF’s travel rule. Many exchanges including OKEx, Coincheck and CEX.io have already delisted Dash or are considering doing it. However, Dash’s Regional Manager for Business Development in the US-Canada region, Omar Hamwi, has established that Dash is

Vinnie Singh October 26, 2019

Dash [DASH], which is deemed as a privacy coin, has come under fire for its alleged non-compliance with FATF’s travel rule. Many exchanges including OKEx, Coincheck and CEX.io have already delisted Dash or are considering doing it. However, Dash’s Regional Manager for Business Development in the US-Canada region, Omar Hamwi, has established that Dash is

stablecoin
Regulation News
stablecoin
Regulation News

Stablecoins Pose More Issues Than Benefits – G7 Task Force Report

The G7 task force has finally released its report. The latter highlights the shortcomings in the prevailing cross- border payment systems. However, the force is still wary if stablecoins will be able to resolve the same owing to their operational challenges. Member Nations To Allow GSC Launch Post Ensuring Regulatory Compliance The report alleges that

Supriya Saxena October 18, 2019

The G7 task force has finally released its report. The latter highlights the shortcomings in the prevailing cross- border payment systems. However, the force is still wary if stablecoins will be able to resolve the same owing to their operational challenges. Member Nations To Allow GSC Launch Post Ensuring Regulatory Compliance The report alleges that

Altcoin
Altcoin

Is Cryptocurrency On The Cusp Of Going Mainstream?

With Bitcoin recently turning 10, the question that what is the actual value of cryptocurrencies still remains. Cryptocurrency easily gives the financial system a tough competition. Be it the seamless cross border payments or garnering support for the people not having a bank account, cryptocurrencies have come a long way. However, it is increasingly being

Supriya Saxena August 20, 2019

With Bitcoin recently turning 10, the question that what is the actual value of cryptocurrencies still remains. Cryptocurrency easily gives the financial system a tough competition. Be it the seamless cross border payments or garnering support for the people not having a bank account, cryptocurrencies have come a long way. However, it is increasingly being

FATF
Regulation News
FATF
Regulation News

FATF Dives In Head-First Into Crypto, Aims To Break the Privacy of Cryptocurrency

The Financial Action Task Force might be aiming to go all-in into the crypto space with the ultimate aim of achieving the impossible – eliminating anonymity from Bitcoin transactions. It has also devised a plan for this goal. In what could be described as a synergistic performance, within the last year, financial regulators around the

Dare Shonubi August 2, 2019

The Financial Action Task Force might be aiming to go all-in into the crypto space with the ultimate aim of achieving the impossible – eliminating anonymity from Bitcoin transactions. It has also devised a plan for this goal. In what could be described as a synergistic performance, within the last year, financial regulators around the

v20 summit
Regulation News
v20 summit
Regulation News

V20 Summit: Crypto Firms to Jointly Address ‘Travel Rule’ Imposition by FATF

The V20 Summit, a Virtual Asset Summit that was held on 28-29th June in Osaka, Japan has attempted to identify the challenges and guidelines VASPs must adhere to. VASPs or Virtual Asset Service Providers primary includes cryptocurrency Exchanges, custody firms, wallet providers, etc. The ‘Travel Rule’ Imposition Proposal by FATF In their declaration to develop

Nivesh Rustgi December 10, 2019

The V20 Summit, a Virtual Asset Summit that was held on 28-29th June in Osaka, Japan has attempted to identify the challenges and guidelines VASPs must adhere to. VASPs or Virtual Asset Service Providers primary includes cryptocurrency Exchanges, custody firms, wallet providers, etc. The ‘Travel Rule’ Imposition Proposal by FATF In their declaration to develop

Regulation News
Regulation News

Cryptocurrency Exchange Execs to Meet Global Financial Leaders along G20 Sidelines: Report

The world’s largest cryptocurrency Exchange representatives will sit together with Global finance leaders and global policymakers of the G20 Association in Japan later this month, according to a Financial Times report. Circle, Coinbase, bitFlyer, Kraken, and Huobi have all been confirmed as attendees of the meeting. The Conference has been dubbed as V20, a Virtual Asset

Nivesh Rustgi June 17, 2019

The world’s largest cryptocurrency Exchange representatives will sit together with Global finance leaders and global policymakers of the G20 Association in Japan later this month, according to a Financial Times report. Circle, Coinbase, bitFlyer, Kraken, and Huobi have all been confirmed as attendees of the meeting. The Conference has been dubbed as V20, a Virtual Asset

Regulation News
Regulation News

G20 Summit to Impose Strict FATF Regulations on Cryptocurrency, Puts Decentralization at Risk

The Financial Action Task Force, also known by its French name, Groupe d’action financière, is an intergovernmental organization founded in 1989. Their primary goal is to combat money laundering, terrorist financing, and other related threats to the integrity of the international financial system. Currently, there are 37 members countries of FATF. The G20 is an International

Nivesh Rustgi June 17, 2019

The Financial Action Task Force, also known by its French name, Groupe d’action financière, is an intergovernmental organization founded in 1989. Their primary goal is to combat money laundering, terrorist financing, and other related threats to the integrity of the international financial system. Currently, there are 37 members countries of FATF. The G20 is an International

g20
Regulation News
g20
Regulation News

G20 Accepts Financial Stability Board’s Recommendation on Crypto Assets

G20 Finance Ministers & Central Bank Governors Meeting, that was held over the weekend of July 22, 2018, in Argentina, have echoed the suggestion of its Financial Stability Board that while crypto-assets do not at this point pose a global financial stability risk, the global body still remains vigilant. The same was communicated in the

Nilesh Maurya February 20, 2019

G20 Finance Ministers & Central Bank Governors Meeting, that was held over the weekend of July 22, 2018, in Argentina, have echoed the suggestion of its Financial Stability Board that while crypto-assets do not at this point pose a global financial stability risk, the global body still remains vigilant. The same was communicated in the

cryptocurrency regulations
Regulation News
cryptocurrency regulations
Regulation News

Cryptocurrency Regulations in June Says Financial Action Task Force (FATF)

Global Financial Criminal Watchdog, The Financial Action Task Force(FATF) is planning to hold discussions later this month, in June, to formulate governing rules and guidelines to govern cryptocurrency exchanges. It will principally make sure effective countermeasures are in place to prevent activities such as money laundering and terrorist funding, according to a Japanese government official

Nilesh Maurya June 14, 2018

Global Financial Criminal Watchdog, The Financial Action Task Force(FATF) is planning to hold discussions later this month, in June, to formulate governing rules and guidelines to govern cryptocurrency exchanges. It will principally make sure effective countermeasures are in place to prevent activities such as money laundering and terrorist funding, according to a Japanese government official

G20 Summit Cryptocurrency
Regulation News
G20 Summit Cryptocurrency
Regulation News

G20 Summit: Cryptocurrency Regulations Get A July Deadline

The G20 Summit of March 2018 has come up with July as the deadline for the cryptocurrency regulations. The member nations have unified on examining the cryptocurrencies to gather data before proposing regulations. Meanwhile, the G20 nations will be following the FATF standards for money laundering. A consolidated cryptocurrency regulation decision The two day G20

Achal Arya March 21, 2018

The G20 Summit of March 2018 has come up with July as the deadline for the cryptocurrency regulations. The member nations have unified on examining the cryptocurrencies to gather data before proposing regulations. Meanwhile, the G20 nations will be following the FATF standards for money laundering. A consolidated cryptocurrency regulation decision The two day G20

G20 meeting
Bitcoin News
G20 meeting
Bitcoin News

G20 Meeting: Crypto G20 Summit To Focus On Money Laundering Issues

The Crypto G20 summit next week will focus on increasing the efforts to protect the consumer interests through AML and KYC requirements. The FATF will also report its finding on keeping from the use of cryptocurrency for money laundering. Also, read… Govt. of India starts its quest to find a final solution to Bitcoin mania 2018 G20 Buenos

Achal Arya March 19, 2018

The Crypto G20 summit next week will focus on increasing the efforts to protect the consumer interests through AML and KYC requirements. The FATF will also report its finding on keeping from the use of cryptocurrency for money laundering. Also, read… Govt. of India starts its quest to find a final solution to Bitcoin mania 2018 G20 Buenos