KYC

New EU AML Compliance Laws Could Disrupt the Crypto Industry

On Jan. 10, the European Union’s 5th Anti-Money Laundering Directive (5AMLD), was officially signed into law. The legislation will give…

Research: Binance and Huobi Received Over 52% of Total $2.8B Illicit BTC in 2019

Binance and Huobi have together received over 52% of total $2.8 billion illicit Bitcoin (BTC) transfers in 2019, according to…

Crypto Derivatives Exchange Leaves EU for Panama, Expands KYC

Crypto derivatives exchange Deribit is leaving the European Union for Panama to avoid new AML rules while changing its Know…

Kraken Reveals 49% Increase in Law Enforcement Investigations

The publication of crypto exchange Kraken’s 2019 Transparency Report has provoked discussion about the scale of government surveillance. According to…

Privacy Coins in 2019: True Financial Freedom or a Criminal’s Delight?

The right to privacy is a fundamental prerequisite for peace of mind and security. The idea that only criminals have…

Did 2019 Deliver on All That Was Promised for the Crypto Industry?

Disappointment isn’t always a bad thing. It can be a spur, motivating one to work harder to meet expectations and…

Bitfinex Beefs-up KYC Requirements, Asks Users for Additional Info

Cryptocurrency exchange, Bitfinex, has reportedly strengthened its know your customer (KYC) requirements, sending an email to verified users asking for…

A Bitcoin War Is Brewing Over KYC

Every year, Bitcoin faces a new foe intent on crippling it by undermining the foundations it was built upon. From…

Poloniex Drops KYC for Withdrawals Below $10,000 Following US Exit

Poloniex has introduced a new type of account that allows users to withdraw as much as $10,000 a day without…

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