Category: Compliance 101
AB 2269 – What does this bill mean for the Crypto industry?
September 20, 2022
Recently, the California legislature passed AB 2269, which has now made its way to the Governor’s desk. The bill would effectively require ANY individuals...
ACFCS Launches New Crypto Compliance Designation
July 21, 2022
July 21, 2022 – BitAML is excited to announce the launch of the ACFCS (Association of Certified Financial Crime Specialists), “Crypto Compliance Specialization.” Launched...
The NFT market needs AML compliance. Here’s what businesses should do.
January 24, 2022
NFTs are here to stay. But regulators are beginning to crack down on financial crime in the space. If you work with NFTs, here’s...
UPDATED: 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....
How Does Bitcoin Money Laundering Hurt Businesses?
May 25, 2020
Billions of dollars have been laundered through cryptocurrency exchanges — bitcoin businesses often find themselves on the front lines Money laundering is a significant...
How To Know If A Customer Is A Politically Exposed Person (PEP)
October 7, 2019
It’s an exciting time to be involved in a cryptocurrency business because the industry is so new and growing so quickly. It’s a lucrative...