Tag: compliance
NFTs and AML compliance: What businesses need to understand
August 2, 2021
As the debate over non-fungible tokens (NFTs) in cryptocurrency ramps up, some businesses are wondering what their AML compliance obligations are. The cryptocurrency industry...
NEWS: CoinZoom bolsters comprehensive regulatory compliance program with the aid of ComplyFit, a groundbreaking state money transmitter license maintenance tool
June 9, 2021
Financial institution emphasizes regulatory compliance as a key to long-term growth in the cryptocurrency space Roseville, CA — June 07, 2021—ComplyFit, the leader...
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...
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....
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...
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...
3 SAR filing tips based on emerging best practices
October 5, 2020
Guidance on suspicious and/or unusual activity reporting for cryptos is always evolving. Here are 3 tips based on the latest compliance best practices for...
