As everyone waits on new KYC and AML regulators, many speak out to keep unhosted wallets free of controls.
Category: AML
Dutch Bitcoin firm reluctantly tightens rules at central bank’s behest
Unique in Europe, the Dutch central bank now requires Bitcoin exchanges to prove that their users actually control their withdrawal addresses.
Dash claims ‘inaccurate categorization’ as ShapeShift delists privacy coins
The delisting of Dash and Zcash has some wondering about the future of privacy coins on major exchanges.
Crypto firms still not widely adopting ‘travel rule,’ says FATF deputy
David Lewis, executive secretary and G20 deputy at the Financial Action Task Force, says crypto firms still have a long way to go before they’re compliant.
Law Decoded: Of AML and appointees, Nov. 6–13
In the U.S., all eyes are on Joe Biden’s planned appointees, while Europe is seeing progress under a new AML regime.
BitMEX crypto exchange steps up AML and trade surveillance measures
New technology will help screen out bad actors, BitMEX says.
Law Decoded: New administration and the DoJ’s continued flex in crypto, Oct. 30–Nov. 6
With the election taking all the air out of the room, we look at what new appointments at the DoJ could mean.
The crypto compliance lie: Sacrificing privacy does not make us safer
The lightchain-vs.-darkchain dichotomy is counterproductive, and a healthy graychain will produce more valuable crypto assets like Bitcoin.
The evolution of crypto exchanges — What’s next for the industry
We are now starting to see the crossover of regulation in the digital asset market and digitalization of the traditional market.
Law Decoded: How I learned to stop worrying and love the election, Oct. 23-30
The age-old question quis custodiet ipsos custodes crops up in force in today’s Law Decoded.