BitAML Blog

6 helpful tips to prepare for your annual third-party review

January 4, 2021
The timeframe for independent testing has shortened. Here’s what you can do to prepare for your next review. As we’ve said numerous times, your...

A look at how cryptocurrency is changing compliance

December 28, 2020
Cryptocurrency financial institutions have invested significant resources into complying with traditional financial regulations. But how is this new technology improving financial compliance as a...

5 more red flags for cryptos based on new trends

December 21, 2020
We’ve written about red flags businesses should add to their transaction monitoring before. Now, we’re offering 5 more based on recent trends. Transaction monitoring...

3 improvements you should make to your AML program this year

December 14, 2020
This year saw numerous changes, both subtle and overt, to cryptocurrency AML compliance. As 2020 draws to a close, here are some improvements you...

More pressure from regulators to banks: Ease up on crypto

December 7, 2020
The OCC is pressing banks to ease discrimination against cryptocurrency businesses. The notice could have big implications for banking crypto. While the purpose of...

Do you need a license to trade cryptocurrency?

November 23, 2020
The answer is: it depends on what kind of trading you’re engaged in. We take a closer look at what kind of trading activities...