2023-8-18 22:30 |
The U.K. passed legislation in 2022 to make it one of the few countries in compliance with the extension of the Travel Rule to crypto. origin »
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While challenging to implement, the FATF’s Travel Rule is a crucial step towards greater transparency and security in the crypto space.
2024-8-4 19:15 | |
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UK's crypto businesses seek to align with FATF Travel Rule regulations, effective from 1 September. The country aims to fortify transaction transparency and cultivate a secure and compliant digThe post UK crypto businesses gear up for FATF Travel Rule appeared first on AMBCrypto.
2023-8-18 13:00 | |
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The United Nations body called on all member states to implement the Travel Rule “without delay” to close “loopholes” not currently protected by regulation.
2023-6-26 03:56 | |
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Leading crypto exchanges will release whitepapers in August that will detail a collaborative approach towards complying with the FATF Travel Rule. It has now been one year since this rule came into action with a recent review to assess progress on compliance.
2020-7-24 22:22 | |
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The Financial Action Taskforce (FATF) members have an impending 24th June meeting. They will be scrutinizing how well the ‘travel rule’ has been discharged to the various Virtual Asset Service Providers (VASP).
2020-6-9 18:20 | |
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Crypto businesses are figuring out how to comply with the Financial Action Task Force’s “Travel Rule.” And putting technical solutions in place is proving to be just as tricky as the legal and operational issues involved.
2020-2-5 19:10 | |
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Held in June, the V20 Summit was a chance for the industry to respond to a highly controversial set of recommendations handed down by the Financial Action Task Force (FATF).
2020-1-1 19:20 | |
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In a blog, the Monero Compliance Workgroup came to the conclusion that XMR is exempted from FinCEN Funds Travel Rule as it is not applicable to assets and cryptos like the XMR. According to the blog, the rules set by the U.
2019-12-15 22:58 | |
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Monero deems compliance to be the responsibility of exchanges, not cryptocurrencies
2019-12-14 16:40 | |
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Monero Compliance Workgroup published a statement suggesting that “The Funds Travel Rule” does not apply to XMR itself. Such a scenario limits scrutiny of Monero and preserves its privacy-enabling properties.
2019-12-14 11:42 | |
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Monero Compliance Workgroup published a statement suggesting that “The Funds Travel Rule” does not apply to XMR itself. Such a scenario limits scrutiny of Monero and preserves its privacy-enabling properties.
2019-12-15 11:42 | |
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Bitfury has recently acquired Shyft Network, a company that is working on decentralized identity solutions that would help the firms develop a data transfer product. Specifically, Bitfury is going to be investing in the travel rule solution that complies with the Financial Action Task Force (FATF) and its legal framework. Bitfury Invests In Shyft Network […]
2019-12-11 20:16 | |
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The Monero community seems to be having a tough time with several exchanges around the world delisting the privacy coin citing the Financial Action Task Force's [FATF] travel rule. However, the latestThe post Monero community rejoices as network shifts to RandomX appeared first on AMBCrypto.
2019-12-1 13:00 | |
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A massive chunk of the cryptocurrency niche is apparently functioning against the law. Many cryptocurrency platforms are operating against the guidelines put in place by the Financial Action Task Force (FATF).
2019-11-29 18:00 | |
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The U. S. government will strictly enforce the rules on cryptocurrencies similar to the standards recommended by the Financial Action Task Force (FATF). The Financial Crimes Enforcement Network has reaffirmed that its “Travel” rule applies to cryptocurrencies.
2019-11-19 03:30 | |
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Kenneth Blanco, the Financial Crimes Enforcement Network (FinCEN) director, said on November 15th that the US government will enforce a ‘travel rule’ requiring crypto companies providing wallet services and trading digital assets to provide information on their customers.
2019-11-15 23:28 | |
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The FATF’s recent guidelines have widespread implications on what private information exchanges need to track and collect from customers. Here are some insights on the recent regulation from CipherTrace’s Nov.
2019-11-12 01:39 | |
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Shyft Network has hired former FATF employees in an effort to comply with regulations like the Travel Rule while preserving the “ethos of Bitcoin.” The post Shyft Network Recruits FATF Veterans to Advise on Regulatory Compliance appeared first on Bitcoin Magazine.
2019-10-29 15:00 | |
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Shyft Network is building a blockchain solution to help crypto exchanges comply with the FATF's "travel rule" guidance.
2019-10-29 13:05 | |
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Former FATF members join the board of advisors of a blockchain firm that wants to implement solutions to the FATF travel rule for virtual asset service providers
2019-10-29 04:26 | |
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Bitpanda Exchange CEO said the crypto industry will face up to the FATF’s travel rule: “The effects on the industry will be immense, but the industry will cope with that and adopt”
2019-10-11 21:40 | |
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Recently, popular South Korean exchange OKEx was in the news after it delisted all its privacy coins, including Monero [XMR], Zcash [ZEC], and DASH [DASH], along with several others. UpBit followed suit, delisting several privacy coins as well.
2019-9-25 14:30 | |
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Monero continued to remain in the limelight after many exchanges started to delist the privacy coin, with many in South Korea doing so citing the FATF’s new travel rule. This time, Monero has caught the attention of the crypto-community for its upgrade towards the end of the year.
2019-9-25 23:30 | |
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OKEx Korea announced that it will terminate trading and support for five privacy crypto assets to comply with the Financial Action Task Force ‘travel rule.’
2019-9-22 15:05 | |
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Transferring more than $1,000 in bitcoin or any other crypto from one exchange to another could land your private details on the desk of the Financial Action Task Force (FATF). That is possible ever since the intergovernmental agency in June imposed new anti-money laundering standards on the cryptocurrency firms.
2019-9-18 12:15 | |
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Recently there has been so much pressure on the regulation of the private coins. Cryptocurrency exchanges have been receiving a lot of pressure to delist these coins and block users from accessing them.
2019-9-16 19:00 | |
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A guideline issued by the Financial Action Task Force (FATF) is prompting OKEx to delist popular privacy-centering cryptocurrencies. Travel Rule The Korean wing of the cryptocurrency firm announced on Monday that it is going to stop trading of Monero, Zcash, Dash, Horizen, and Super Bitcoin on its exchange.
2019-9-16 16:00 | |
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Coinspeaker Monero, Dash and Other Privacy Coins Delisted By OKEx Korea as ‘Violating FATF Travel Rule’According to OKEx Korea, 'dark' Monero, Dash, Zcash, Horizen and Super Bitcoin will be delisted on October 10.
2019-9-16 13:37 | |
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Coinspeaker Monero, Dash and More Privacy Coins Delisted By OKEx Korea As ‘Violating FATF Travel Rule’According to OKEx Korea, 'dark' Monero, Dash, Zcash, Horizen and Super Bitcoin will be delisted on October 10.
2019-9-16 13:37 | |
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Privacy coins are facing the axe by one of South Korea’s largest cryptocurrency exchanges. OKEx Korea, the Korean unit of the Malta-based exchange is set to delist five privacy coins from its coffers pointing to violation of the Finance Action Task Force’s [FATF] travel rule, according to a report by Bridge Kyungjae, a Korean news […] The post Monero, Zcash and DASH to be shown the door by OKEx Korea over FATF violation appeared first on AMBCrypto.
2019-9-16 10:17 | |
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CipherTrace, a leading blockchain security solution provider introduced a new open-source Travel Rule Information Sharing Architecture (TRISA) to help crypto exchanges to comply with the FATF’s new “Travel Rule” requirements.
2019-9-12 11:00 | |
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CipherTrace has released TRISA, which might help cryptocurrency businesses comply with regulations like the travel rule in a privacy-preserving way. The post CipherTrace Unveils Travel Rule Protocol for Cryptocurrency Businesses appeared first on Bitcoin Magazine.
2019-9-11 21:43 | |
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CipherTrace has rolled out software for sharing sensitive customer information under the FATF’s new “travel rule” for global crypto exchanges.
2019-9-11 16:00 | |
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A new framework from blockchain security firm CipherTrace will enable cryptocurrency wallets, exchanges and other projects to comply with the Travel Rule from FATF – the Financial Action Task Force – without having to share private or personal information with one another.
2019-9-11 16:00 | |
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The FATF ‘Travel Rule’ that cryptocurrency proponents have described as “absurd” will result in a mass shift to compliance among Bitcoin exchanges, new data claims. FATF Rules Move Closer To Law In a report issued on September 9, Crystal Analytics, the dedicated offshoot of mining giant Bitfury, forecast possible consequences of cryptocurrency rules likely to become law across the globe by June 2020.
2019-9-10 16:00 | |
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As cryptocurrency service providers rush to find solutions for the FATF travel rule guidance, they may already have a ready-to-deploy solution from Netki. The post Netki Adapts TransactID Into Fits-All Solution for FATF Travel Rule Guidance appeared first on Bitcoin Magazine.
2019-9-10 22:44 | |
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Netki extends TransactID solution for FATF “Travel Rule” compliance - CryptoNinjas Netki, a provider of ID validation for transactions utilizing a secure, encrypted, private connection based on BIP 75, today announced its TransactID solution has been updated to address the new regulatory guidance from FATF, FINMA, and FinCEN, which requires Money Services Businesses, trading cryptocurrencies, to comply with the “Travel Rule.
2019-9-9 19:18 | |
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Nekti has upgraded its digital ID service to help crypto firms meet the FATF's tough new standards for combating money laundering.
2019-9-9 16:00 | |
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The FATF's new ‘Travel Rule’ has resurfaced old concerns about the fungibility of digital assets backed by open, decentralized blockchain networks.
2019-8-28 22:00 | |
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Intelligence solutions provider CipherTrace and identity solutions provider Shyft are working on developing a know-your-customer-based solution to the Financial Action Task Force's new "Travel Rule," which will see crypto exchanges share trader information.
2019-7-2 19:25 | |
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CipherTrace is teaming with Shyft on a blockchain solution to help crypto firms meet tough new standards from the Financial Action Task Force.
2019-7-2 15:00 | |
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Chainalysis has hired a FinCEN official to help crypto firms comply with tough new FATF data-sharing requirements.
2019-6-27 16:00 | |
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Online travel agency CheapAir. com has announced it is no longer working with Coinbase to process its customers’ bitcoin payments. In Coinbase's stead, the company has turned to BTCPayServer, an open-source bitcoin payment processor.
2018-7-19 02:28 | |
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Court documents allege that Eisenberg possessed sexually explicit images of minors on his electronic devices, including images of prepubescent minors and minors under 12 years of age.
An Australian federal court agreed to a petition by markets regulator ASIC to hand over some US$41 million in digital assets invested by over 450 Australians with the mining companies to specialists from advisory and restructuring company McGrathNicol.
According to prosecutors, Lee Jeong-hoon intended to revamp Bithumb’s governance to gain from exchange coins, circumventing financial regulations.
The former FTX CEO took the stand for the first time in his criminal trial, but without members of the jury present.
Filed in September 2022, the Economic Crime and Corporate Transparency Bill is expected to receive royal assent on Oct. 26, 2023.
The former FTX CEO will remain in jail following three judges with the 2nd U.S. Circuit Court of Appeals calling the arguments behind a motion for release “unpersuasive.”
During the bill’s review phase, the House of Lords agreed on certain amendments to clarify its intent of targeting monetary proceeds from fraud or other financial crimes.