Tag: Cryptocurrency
How To Determine Whether Your Crypto Business Requires MTL Licensure
November 4, 2019
One of the most challenging things about cryptocurrency compliance is the fact that MSB/money transmitters not only need to observe federal regulations but every...
Crypto Compliance: Everything You Need to Know About Doing Business In The U.S.
October 14, 2019
Though there are countries around the world that are more friendly to cryptocurrency businesses, a lot of companies have their sights set on the...
Cryptocompliance 101: 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...
Cryptocompliance 101: How To File Suspicious Activity Report (SAR) For Crypto Business
September 30, 2019
When a suspicious transaction takes place, the right people need to know. A Suspicious Activity Report (SAR) is the tool financial institutions use to...
Is Running A Crypto Business Really That Risky?
September 23, 2019
How risky is it to start a business in the cryptocurrency space? We’re not talking about personal financial risk, like the risk of losing...
5 Insider Tips To Give Your KYC Protocols An Extra Edge
September 16, 2019
Know Your Customer (KYC) and Customer Due Diligence (CDD) are mission-critical components of successful bitcoin compliance. But like most things, their value is dependent...
Cryptocompliance 101: How your business should incorporate the Funds Travel Rule
September 10, 2019
UPDATE: Funds Travel Rule compliance remains a contentious and unsettled issue within the cryptocurrency space. While a solution is not yet present as of...
Top 3 Things To Think About When Assessing Your Risk
September 3, 2019
Starting a new business in crypto is risky. It’s a new industry built on new technology. New industry means unclear regulatory expectations, and new...
Crypto Scams Are A Genuine Problem. Better KYC Is The Fix.
August 26, 2019
The cryptocurrency industry is faced with numerous unique challenges. But the most consequential is the need to demonstrate legitimacy, particularly to increasingly hawkish regulators...
