BitAML Blog

How to prepare your business for a cybersecurity review

March 8, 2021
As cybersecurity becomes increasingly important in the crypto space, regular cybersecurity reviews will be key to staying on the cutting edge. Here’s what your...

What cryptos need to know about cybersecurity

March 1, 2021
It’s time for every cryptocurrency business, from exchanges to kiosk operators, to take cybersecurity more seriously. The problem? You’re pretty much on your own....

Consumer protection is ramping up in crypto. Are you ready?

February 22, 2021
The Consumer Financial Protection Bureau (CFPB) had harsh words recently for companies failing to respond to consumer complaints. Guess what kinds of companies feature...

How to spot scammers exploiting remote cryptocurrency transactions

February 1, 2021
Consumers are increasingly transacting cryptocurrency remotely, and financial criminals are taking advantage of the trend. What does this mean for your institutional compliance? Cryptocurrency...

Should automating compliance be your ultimate goal?

January 25, 2021
So you’ve automated a lot of your AML compliance. Now what? Here’s why cryptocurrency businesses shouldn’t rest on their laurels.  Most entrepreneurs in the...

What businesses should do about FinCEN’s crypto wallet rule

January 18, 2021
A new proposed rule requiring cryptos to identify personal wallets has been criticized as impossible to implement. Will it happen? We don’t know. But,...