The Travel Rule Protocol working group has published v1 of its TRP API.
BRD Is Breaking Into the Crypto Compliance Game
The new tech stack will provide AML and compliance tools for financial institutions, government agencies, and cryptocurrency service providers.
The Future for Unregulated Bitcoin Exchanges
CoinDesk’s Anna Baydakova talks to non-custodial p2p exchanges Hodl Hodl and Bisq about why we still want no-KYC bitcoin.
Spain’s Crypto Firms to Face New Registration Requirements Under EU-Driven Bill
Spain is finally getting around to amending its AML laws six months after EU deadline for compliance. The public comment period on that amendment ends today.
FATF Says US ‘Largely Compliant’ With Virtual Currency Recommendations
A new Financial Action Task Force report says the U.S. is largely in compliance with its recommendations around digital assets, but still has some “minor deficiencies” in its state and federal framework.
PayPal’s Financial Crimes Division Is Seeking a Blockchain Expert
The payments giant is seeking a blockchain expert to help identify use cases for the tech in the prevention of financial crimes.
South Korean Lawmakers Greenlight Strict Crypto AML Bill
South Korean lawmakers voted to place tough new requirements on cryptocurrency exchanges, adding legitimacy to the country’s sprawling crypto economy – and potentially triggering a market consolidation.
Tether Stablecoin Taps Chainalysis for Anti-Money Laundering Compliance Tools
Tether is using Chainalysis’ “Know Your Transaction” tool to create risk profiles for USDT users and monitor potentially suspicious activity.
Top 10 US Retail Banks Unknowingly Serve Crypto Startups, CipherTrace Claims
CipherTrace revealed research Monday showing that the top 10 retail banks by assets managed in the U.S. worked with unregistered crypto money services businesses by transmitting funds on their payment networks.
Here’s a New Banking Tool for Vetting Crypto Exchanges
The blockchain forensics firm is now offering banks a product that aims to provide up-to-date risk profiles of more than 200 of the largest crypto exchanges around the world.
FinCEN Sees Jump in Crypto-Related Suspicious Activity Reports
Crypto companies have filed 7,100 Suspicious Activity Reports since May, America’s anti-money-laundering chief said at a banking conference Tuesday.
FinCEN Sees Jump in Crypto-Related Suspicious Activity Reports
Crypto companies have filed 7,100 Suspicious Activity Reports since May, America’s anti-money-laundering chief said at a banking conference Tuesday.
A Third of Crypto Exchanges Have Little or No KYC, Says CipherTrace
Around one third of the top 120 exchanges are “weak” when it comes to know-your-customer (KYC) verification, while two-thirds “lack strong KYC policies,” the firm said.
CipherTrace’s Blockchain Forensics Service Now Covers 700 Crypto Assets
The blockchain analytics provider now offers a window into the data of more than 87 percent of the top 100 cryptocurrencies.
Chainalysis Adds More ERC-20 Tokens to Crypto Sleuthing Service
Chainalysis’ expansion brings its compliance and tracking software – a favorite among federal investigators – to a larger swath of ERC-20 tokens.
US House Passes Bill for FinCEN to Study Blockchain Use
The House of Representatives passed legislation calling for FinCEN to study its use of “innovative technologies” — including blockchain.
Netki Retools Digital ID Service for FATF’s New Crypto ‘Travel Rule’
Nekti has upgraded its digital ID service to help crypto firms meet the FATF’s tough new standards for combating money laundering.
Swiss Regulator Licenses Two New Blockchain Companies as It Shores up Legal Requirements
Two Swiss startups received broker dealer licenses as FINMA hardens its AML requirements.
MIT’s AI Lab Crunched 200,000 Bitcoin Transactions. Only 2% Were ‘Illicit’
Blockchain analytics firm Elliptic partnered with MIT to analyze $6 billion worth of bitcoin transactions. Here’s what they found.
All Global Crypto Exchanges Must Now Share Customer Data, FATF Rules
The Financial Action Task Force has officially ruled that crypto firms worldwide must share client data with each other.