Crypto Security: How to Navigate Current Challenges in a High-Risk Area
We’ve learned recently just how extreme crypto assets are. Their market value is subject to huge changes, which means, while there are huge gains to be made, the losses can be devastating too. Plus, because the Financial Conduct Authority (FCA) doesn’t protect crypto, if your crypto platform goes out of business you’ll probably lose your […]
How Crypto Companies Can Know Their Customers Better – and Stay Compliant for Good Measure
No matter what functionalities your crypto company has, it’s bound to benefit from IDV and KYC solutions. Read on for a breakdown of what Know Your Customer (KYC) and Identity Verification (IDV) means and the ways that these tools can protect your crypto service from money laundering and other types of fraud. By Gergo Varga, […]
Romanian Cryptocurrency Platform Tradesilvania Appoints Former FIU Romania Top Official as New Regulatory Affairs Director
Cluj-Napoca, Romania — February 9, 2022 — Tradesilvania, the premium platform for cryptocurrency and digital asset investments has announced the expansion of the Company’s compliance and management team by appointing Mihaela Anamaria Dragoiu as the new Risk & Regulatory Affairs Director. Mihaela Anamaria Dragoiu is the former Head of the Prevention, Supervision, and Control Directorate […]
SolidProof Introduces KYC and Audit Services for DeFi projects
Handewitt, Germany — December 10, 2021 — SolidProof, a German-based blockchain auditing company, has finalized the development of its auto audit tool and plans to launch the solution soon. Dubbed the SolidProof Automated Auto Tool (SAAT), the product is designed to streamline and speed up the entire smart contract auditing process. Retail and institutional adoption […]
ShapeShift Integrates Decentralized Exchanges, Removes KYC Requirements
Denver, CO — January 6, 2020 — In order to better protect users while increasing transparency in the digital asset economy, ShapeShift, an international, non-custodial cryptocurrency leader, today announced it has integrated decentralized exchange protocols into its platform. Now, ShapeShift’s customers will be able to trade directly with these external protocols, rather than trading with […]
Erik Vorhees: No More KYC with ShapeShift
It’s Time to Fully Embrace Decentralized Protocols for the Protection and Dignity of Our Users. January 6, 2021 Erik Vorhees Today, ShapeShift is announcing that it has integrated decentralized exchange protocols and is sunsetting its 6+ year business of trading with customers. Because of this fundamental change to our business model, ShapeShift’s users no longer […]
True Bitcoin DeFi? Hodl Hodl Launches No KYC Lending Service
Hodl Hodl, a non-custodial Bitcoin exchange, has announced the launch of Lend at Hodl Hodl, a non-custodial P2P Bitcoin-backed lending platform. Since the beginning of 2020, the Hodl Hodl team has been trying to combine the best features in the lending spaces of both DeFi and Bitcoin. What we have now is a P2P platform […]
KYC Explained: Crypto and Compliance Are The Odd Couple, But They Must Get On
Almost 20 years after the first AML (Anti-Money Laundering) legislation arrived, regulators across the world are working to establish global KYC (Know Your Customer) standards that are now being applied to fintech and cryptocurrencies in particular. A technology sector that began with the idea of anonymous peer-to-peer payments is now seeing the value in aligning […]
CipherTrace Q2 2019 Cryptocurrency Anti-Money Laundering Report: Thefts, Scams and Fraud May Exceed $4.26 Billion for the Year
Regulators Rock the Crypto World by Threatening an End to Anonymity with “Travel Rule” Snapshot of the key trends: G20 countries begin implementing new FATF Travel Rule – A ticking clock for criminals who need to launder illicit funds, and a looming shock to the global crypto economy Second massive, multi-billion exit scam […]