Compliance

20 Articles 0 Followers


Prevent Data Breaches With These 4 Strategies

17 Sep 2023 2 minute read 0 comments VitalyTennant.com

Your business data is an essential aspect your venture needs to thrive. However, this data must be properly protected to prevent breaches which could be detrimental to your business. According to research, the average cost of data breaches in the US...

Risks in DeFi and the Need for a Safeguarded Ecosystem

2 Aug 2023 1 minute read 0 comments InsideCrypto

Today we are joined by Akash Mahendra who is the Portfolio Manager at the digital wealth platform Yield App, as well as Director of the Haven1 Foundation where he leads strategy, operations, and risk management efforts in support of Haven1. Welcome t...

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...

Regulators begin to focus on Tokens, NFTs and Stablecoins - Syscoin is Ready!

13 Jun 2021 1 minute read 24 comments drluv

Recently, an announcement by the SEC of Thailand made headlines. Speculation in assets with 'no clear objectives or substance' are banned from authorized exchanges in Thailand. This is just another step in the direction of regulation. We will see mor...

Syscoin Headlines: Regulations for NFTs are kicking in - and Syscoin is Ready!

13 Jun 2021 1 minute read 0 comments drluv

Recently, an announcement by the SEC of Thailand made headlines. Speculation in assets with 'no clear objectives or substance' are banned from authorized exchange in Thailand. This is just another step in the direction of regulation. We will see more...

Syscoin to be in the Limelight as Govt Agency OKs Stablecoins

7 Jan 2021 2 minute read 4 comments drluv

It is quite amazing to appreciate the foresight of the Syscoin development team had to not only focus on interoperability (Syscoin-Ethereum permissionless bridge), and level-2 masternodes providing scalability (zdag) in excess of 60K tps in realistic...

Binance begins closure of US customers accounts

12 Nov 2020 1 minute read 2 comments ircrp

  A year after announcing that binance.com exchange will ensure that they comply with the United States based regulations the company appears to be no longer dragging their feet on the case and working quite aggressively to adapt to the compliance re...

South Korea’s Financial Body Bans Exchanges from Providing Privacy Coins

4 Nov 2020 1 minute read 1 comment author_nan

South Korea’s Financial Services Commission has ordered exchanges to stop dealing in tokens that could potentially be used for money laundering, according to a press release issued on November 2. The announcement specifically refers to “dark coins”,...

Coinbase CEO Says Crypto Space Will Move to Privacy Coins Over Time

13 Jul 2020 1 minute read 2 comments author_nan

Coinbase CEO Brian Armstrong on Twitter offered some insight onto his stance on privacy coins, tweeting a related post that he had written in April 2020 and saying that he is “a fan of privacy coins.” Armstrong begins the thread by addressing the con...

Blockchain businesses are scrambling to comply with FATF’s “travel rule”

19 Jun 2020 2 minute read 0 comments FKlivestolearn

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...