Tag: KYC
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...
5 Red Flags No Crypto Business Should Ever Ignore
July 29, 2019
Cryptocurrency businesses (specifically money services businesses (MSBs) money transmitters), whether consisting of large, international crypto exchanges or a single bitcoin ATM, must monitor transactions...
Cryptocompliance 101: KYC/CDD For Cryptocurrency Business: A Simple Explainer
January 21, 2019
Remember when you opened your first bank account? We’re betting it wasn’t as simple as showing up with a bag of money and asking...
Here’s How FinCEN Would Respond To A Ponzi Scheme In The Cryptocurrency Industry
August 13, 2018
In 2014, JPMorgan Chase Bank, N.A. admitted to violating the Bank Secrecy Act. The bank had failed to report dubious transactions which were connected...
Coinnections introduces bitcoin AML software
December 10, 2015
Earlier this month, Coinnections announced the launch of a beta of its AML and KYC compliance software for Bitcoin MSBs, including cryptocurrency exchanges, Bitcoin...
