More / Bitcoin Reddit - 1 year ago

How to install Torq on a LND Lightning node and streamline your node management process

submitted by /u/KAX1107 [link] [comments]

by COINS NEWS - 1 year ago

Assistant Secretary for Terrorist Financing and Financial Crime Elizabeth Rosenberg on DeFi: "Treasury considers any DeFi service performing the functions of a covered financial institution to be subject to BSA obligations, including AML/CFT obligations,

Remarks by Assistant Secretary for Terrorist Financing and Financial Crime Elizabeth Rosenberg on DeFi Risk Assessment at the Atlantic Council Additional Background Materials: Illicit Finance Risk Assessment of Decentralized Finance Action Pla...

by COINS NEWS - 1 year ago

Assistant Secretary for Terrorist Financing and Financial Crime Elizabeth Rosenberg on DeFi: "Treasury considers any DeFi service performing the functions of a covered financial institution to be subject to BSA obligations, including AML/CFT obligations,

Remarks by Assistant Secretary for Terrorist Financing and Financial Crime Elizabeth Rosenberg on DeFi Risk Assessment at the Atlantic Council Additional Background Materials: Illicit Finance Risk Assessment of Decentralized Finance Action Pla...

Bitcoin News / Google News Bitcoin - 1 year ago

Bitcoin nears third positive month, and streamlining construction with blockchain - CNBC

Bitcoin nears third positive month, and streamlining construction with blockchain& & CNBC

Bitcoin News / Google News Bitcoin - 1 year ago

Bitcoin nears third positive month, and streamlining construction with ... - CNBC

Bitcoin nears third positive month, and streamlining construction with ...& & CNBC

Cryptocoins News / Finance Magnates - 1 year ago

The KYC and AML Challenges of Cryptocurrency Exchanges: Solutions and Best Practices

The rise of cryptocurrency has heralded the dawn of a new age in digital finance. However, with the advent of this new technology, new challenges have emerged that conventional finance has not seen before. Among these difficulties are the Know Your C...

More / Bitcoin Reddit - 1 year ago

Bitcoin network's producing blocks seamlessly

submitted by /u/noob_zarathustra [link] [comments]

Cryptocoins News / Blockchain  - 1 year ago

India Implements AML Standards on Crypto

The Indian government has imposed anti-money laundering (AML) standards on crypto, subjecting a range of crypto transactions to the Prevention of Money-Laundering Act (PLMA) 2002. The PLMA obliges financial institutions to maintain a record of all tr...

Bitcoin News / Bitcoinist - 1 year ago

New Layer-2 Network May Include AML measures, Coinbase CEO Says

Due to this increased watch over the crypto space, many firms have been scrutinized and found non-compliant with specific rules. Coinbase is one of the firms under the radar of financial watchdogs. On March 6, Coinbase CEO was interviewed on Bloomber...

Cryptocoins News / The Cointelegraph ​ - 1 year ago

Coinbase CEO hints its new layer-2 network could include AML measures

https://cointelegraph.com/news/coinbase-ceo-hints-its-new-layer-2-network-could-include-aml-measures Is this for real??? While I was really excited earlier by this Layer 2 announcement, this AML stuff leaves a sour taste in the mouth! He says that it...

Cryptocoins News / Blockchain  - 1 year ago

Cash App Integrates TaxBit for Streamlined Crypto Tax Reporting

Cash App has integrated TaxBit into its services, allowing Bitcoin holders to easily report their taxes. Cash App users can track their Bitcoin transactions for tax reporting purposes through TaxBit’s platform. TaxBit simplifies tax reporting for eve...

Cryptocoins News / CoinJournal - 1 year ago

Sen. Warren to reintroduce AML bill extending to DeFi and DAOs

Senator Elizabeth Warren first introduced the AML Act of 2022 on December 15, 2022. The first bill was read twice and referred to the Senate banking Committee. The senator now wants to reintroduce the bill to also cover decentralized entities. The...

Cryptocoins News / The Cointelegraph ​ - 1 year ago

Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi

While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws. A bi-partisan Anti-Money Laundering...

Cryptocoins Exchanges / Binance - 1 year ago

Binance AML investigation average time

Pricey All, I'm heavily involved right into a quite new undertaking where the house owners deposit approx. 200okay USD on Binance to cover preliminary value, setup the undertaking. They're at present beneath AML investigation. Do you have got any exp...

Cryptocoins Exchanges / CEX.IO - 1 year ago

CEX.IO’s AML/KYC Procedures: Educating the Market Since 2013

To fully understand the importance of Anti-money Laundering/Know Your Customer (AML/KYC) procedures in crypto — and, by proxy, the importance CEX.IO continuously places on them — we must go back to the early beginnings of our industry. Therefore, joi...

Cryptocoins Exchanges / Binance - 1 year ago

USDC Issuer Circle launches Decentralized Exchange Circle-DEX; attracts criticism for allowing only USDC stable coins "for long term security and stability reasons, alongside more streamlined liquidity" -CJNews

submitted by /u/Cha0ticMartian [link] [comments]

More / Etherum Reddit - 1 year ago

What measures should NFT companies or NFTs put in place to become AML compliant? And is it worth the trouble?

As legislators sharpen their pencils, NFT marketplaces and businesses are bound to be met with AML compliance requirements and the need to build AML infrastructure. I believe that the question that troubles many is should NFT marketplaces become dec...

Cryptocoins News / Finance Magnates - 1 year ago

Can NFT Marketplaces be AML Compliant?

<p class="MsoNormal">Despite the massive boom seen in the NFT industry, many still seem to be unconvinced about its future, which is why businesses who work towards AML compliance might have an edge later on.</p><p class=&quo...

Cryptocoins News / Finance Magnates - 1 year ago

Coinbase Reaches $100M Settlement with NY Regulator for AML Failure

<p class="MsoNormal text-align-justify">American cryptocurrency exchange, Coinbase, has agreed to pay $100 million to settle the lapses that the New York Department of Financial Services (NYDFS) found in its anti-money laundering (AML...

Cryptocoins News / CoinJournal - 1 year ago

Ethereum rises 2% as PayPal heads to MetaMask for seamless crypto purchases

ETH rose 2% on Tuesday, becoming the top gainer among the #10 cryptocurrencies. ConsenSys announced the entry of PayPal on MetaMask for ETH purchases. ETH remains subdued by resistance at $1,250 and moving averages. Ethereum (ETH/USD) was the...

by COINS NEWS - 1 year ago

Elizabeth Warren Demands KYC/AML Reporting From all Physical Wallets

submitted by /u/libramoonmonkey [link] [comments]

Cryptocoins News / The Cointelegraph ​ - 1 year ago

Researchers use zero-knowledge to address privacy, AML concerns in stablecoins

Organizations led by German fintech etonec designed a system that takes advantage of zk-SNARK to provide untraceable transactions within regulatory limits. Researchers...

Cryptocoins News / The Cointelegraph ​ - 1 year ago

US DOJ split over charging Binance in the 2018 AML investigation: Report

Binance has faced compliance warnings from many countries over the past couple of years, but it managed to overcome those shortcomings in most nations barring the U.S....

More / Etherum Reddit - 1 year ago

Coinbase parent Ethereum ERC-20 company Circle branches out to Defi in own-Decentralised exchange offering, causes controversy by only supporting own stablecoin USDC on the platform "for long term security and stability reasons, alongside more streamlined

submitted by /u/QuarrelsomeSemicolon [link] [comments]

More / Bitcoin Reddit - 1 year ago

Coinbase partner Circle branches out to Defi; releases own Decentralised Exchange controversially supporting only its own stablecoin USDC "for long term security and stability reasons, alongside more streamlined liquidity" -Coin Telegraph

submitted by /u/doodiyo1l [link] [comments]