20 Articles 0 Followers
2 Apr 2021 9 minute read 9 comments BitcoinGordon $1.80
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...
1 Feb 2021 4 minute read 4 comments Chriss $0.24
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...
23 Jan 2021 5 minute read 3 comments ChangeNOW $0.07
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...
28 Nov 2020 2 minute read 3 comments MikeZillo $3.40
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...
8 Oct 2020 5 minute read 1 comment NOWNodes $9.23
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...
13 Jul 2020 9 minute read 0 comments recourier $0.05
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...
19 Jun 2020 2 minute read 0 comments FKlivestolearn $0.33
It was June last year that the Financial Action Task Force (FATF) gave Virtual Asset Providers one year to enforce AML rules The tug of war between the novel blockchain industry and the regulators on how the former can operate in a legal way is...
18 Jun 2020 1 minute read 2 comments Allen Walters $1.48
AML (Anti Money Laundering) compliance solutions are a crucial part of blockchain ecosystems. Regulated markets need to be certain that they don't get sucked in to illegal movements and transactions while making use of blockchain technology. For that...
19 Dec 2019 2 minute read 0 comments Chriss $0.14
Bitcoin is main source of the financing for the illegal activities This sentence is so wrong, on so many levels, yet we have so many people who are making that assessment. Terrorists have been tinkering with bitcoin since it’s value has been somewhat...
17 Dec 2019 2 minute read 2 comments Chriss $0.10
KYC/AML simplified KYC simply stands for Know Your Customer, a process businesses use that intends to verify the identity of their clients as well as assessing their suitability depending on their own requirements. It is also used to asses the potent...
