Sirwin
Sirwin

AML

14 Articles 0 Followers


ChangeNOW Halts Transactions with Stolen Algorand Tokens, $1.5M Worth of ALGO Are Safe

23 Feb 2023 1 minute read 5 comments Mike Ermolaev

In its recent blog post, ChangeNOW, one of the most authoritative non-custodial crypto exchanges, provided more details on the latest incident with the Algorand (ALGO) tokens stolen from the hacked asset holders. Recall that the hackers looted severa...

WHAT YOU SHOULD KNOW ABOUT KYC

14 Oct 2021 9 minute read 1 comment Heyoan

 As recently as 5 or 6 years ago, few people knew what cryptocurrencies were and how blockchain technology worked. Cryptocurrencies were unregulated, so you could maintain complete privacy and enjoy anonymity. Little of it. Many investors believed th...

All Governments Plan To Restrict Cryptocurrency

5 Jul 2021 5 minute read 12 comments MintDice.com

In the year 2020, while the COVID-19 pandemic was sweeping the world, so too was something else, people’s belief and understanding in cryptocurrency. Suddenly, something that was once only know to the select few, became known by the masses, creat...

Why Money Laundering is NOT a Concern for Crtpto Adoption?

13 Jun 2021 2 minute read 0 comments Kev HK

Most governments and media do not like cryptocurrencies. One of the most quoted reasons is the money laundering risk associated with crypto. They have created a public perception that Bitcoin is closely associated with criminals. Janet Yallen, the US...

KYC & AML - Who Does It Actually Protect & What Are Their Real Purposes

2 Apr 2021 9 minute read 9 comments BitcoinGordon

Floating opposites are a poetic form of literary expression. They're used in speech-writing, wordsmith copy-writing, and often built into a good movie script if you pay close attention. I like ironic opposites. Silly example: when you get to the end...

What are the Benefits of KYC ?

1 Feb 2021 4 minute read 4 comments Chriss

Let's start with a short summary of the terms:  KYC: Know Your Customer AML: Anti-Money Laundering FATF: Financial Action Task Force  GDPR: General Data Protection Regulation   Here are some interesting dates: 1989: The world's largest countries me...

Crypto AML/KYC

23 Jan 2021 5 minute read 3 comments ChangeNOW

Originally published in the ChangeNOW blog It has been more than a decade since Bitcoin has been invented in 2008. The cryptocurrency industry encompasses more than 7500 tokens and has a market cap of nearly $400 billion. We think it’s fair to say cr...

KYC/AML, such used acronym. How do they really work?

28 Nov 2020 2 minute read 3 comments MikeZillo

Know Your Customer and Anti-Money-Laundering procedures are the two procedures required now when conducting business related to cryptocurrencies. Everyone is talking about them, but how they really work? KYC is a procedure to identify who is really r...

Top Blockchain Analysis Companies

8 Oct 2020 5 minute read 1 comment NOWNodes

Originally published in the NOWNodes blog.Transactions on blockchain protocols and cryptocurrency exchanges are always vulnerable to hacks and attacks. Since 2011, several incidents of cyber attacks have repeatedly shaken up the world of cryptocurren...

Upland - How to balance true ownership and compliance

13 Jul 2020 9 minute read 0 comments recourier

If you have read any of my other writing you should know by now that I am a believer in blockchain and it's ability to level the playing field.  From banking the unbanked, to providing paths of ownership without red tape, to privacy on the blockchain...