regulations

The Fight for Financial Freedom

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Time Stamp: July 10, 2023 5:30 AM - Modified On: July 10, 2023 - Published By:
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Republished By Plato

As the grasp of regulators tightens on the global cryptocurrency market, exchanges such as KuCoin are being compelled to implement mandatory pre-purchase checks. In tandem, several prominent banks are limiting funds transferred to cryptocurrency exchanges under the guise of protecting customers from fraudulent activities. In the background, the Financial Action Task Force (FATF) is looming over these rapidly evolving regulations. The FATF underscores the significance of Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), and Anti-Money Laundering (AML) regulations applicable to all financial transactions, cryptocurrencies included.

Stablecoins Under Scrutiny

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Time Stamp: July 1, 2023 9:37 AM - Modified On: July 1, 2023 - Published By:
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Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

Press Release: TP ICAP announces first live trade through Fusion Digital Assets with GMEX trading and post-trade technology

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Time Stamp: May 24, 2023 8:36 AM - Modified On: May 24, 2023 - Published By:
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Fusion Digital Assets – TP ICAP’s wholesale marketplace for spot cryptoassets – is now live and has successfully completed its first XBTUSD pairs trade with the associated settlement processed by Fidelity Digital Assets℠ London, New York, 24 May 2023: GMEX Technologies (“GMEX”), a subsidiary of GMEX Group, a leader in digital business and technology solutions for capital markets players, exchanges and post-trade market infrastructure, today announced that TP ICAP, the world’s largest interdealer broker, has gone live with its Fusion Digital Assets wholesale cryptoasset exchange, powered by GMEX trading and post trade technology.

Blockpass heralds Consensus 2023 with the most affordable, built-for-crypto ZK KYC

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Time Stamp: April 25, 2023 5:32 AM - Modified On: April 25, 2023 - Published By:
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HONG KONG, Apr 25, 2023 - (ACN Newswire) - Blockpass is excited to reveal that it is sponsoring and attending the Consensus event in Austin, Texas this week, from the 26th to the 28th of April. One of Blockpass' founders, Hans Lombardo, will be available to meet prospective customers and investors as well as press representatives at the event. In addition, Blockpass is offering a temporary discount on its services, with its subscription plans at 50% off their monthly minimum and accompanied by a free 7-day trial. To claim this discount, customers need to

Blockpass Achieves ISO Info Security Certification from British Assessment Bureau

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Time Stamp: April 3, 2023 5:34 AM - Modified On: April 3, 2023 - Published By:
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HONG KONG, Apr 3, 2023 - (ACN Newswire) - Blockpass is proud to announce that, through consulting and advisory firm Charmwood Risk Management, Blockpass UK is now certified to ISO 27001 by The British Assessment Bureau, a UKAS Accredited Organisation. The award of this certificate (meeting the requirements of BS EN ISO/IEC 27001:2017) confirms Blockpass' ability to provide KYC and AML tools for cryptocurrencies, Defi and other regulated industries globally, demonstrating the suitability of Blockpass for companies seeking regulatory solutions in any jurisdiction. The certificate is available to view here: https://cvs.babcert.com/babcert.asp?c=241611&v=k34q1g2c2q Charmwood Risk Management is

Don’t Fear the FUD

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Time Stamp: March 11, 2023 5:36 AM - Modified On: March 11, 2023 - Published By:
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Over the past week, the crypto market has taken a hit due to the usual Fear, Uncertainty, and Doubt (FUD) surrounding the potential for interest rate hikes and future regulations. It’s easy to get sucked into the panic and feel that crypto is being unfairly targeted. FUD is part and parcel of the crypto space and there are always plenty of narratives that accompany its volatility. In 2021 the favorite topic was China’s negative approach to crypto. Fast forward to today and Bitcoin miners are back operating in China and

Navigating the Regulatory Landscape: KARM Legal Releases a Report Assessing Regulatory Framework for Virtual Assets

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Time Stamp: March 8, 2023 2:25 PM - Modified On: March 8, 2023 - Published By:
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The UAE's Pioneering Efforts in Blockchain and Crypto are Shaping the Future of Finance. March 8, 2023, Dubai, The United Arab Emirates- KARM Legal Consultants, a leading law firm specializing in Blockchain, Cryptocurrency, Web3 & Fintech in the UAE has, in collaboration with prominent legal experts – Mr. Eric Hess (Hess Legal Counsel), Mr. Jonathan Geen, Mr. Andreas Glarner (MME) and Mr. Thomas Nagele (Nagele Attorneys) and the regional Blockchain Ecosystem Crypto Oasis, published a new report analyzing the regulatory landscape for virtual assets in various jurisdictions. The report was

Paribus 2023 Roadmap

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Time Stamp: January 28, 2023 4:13 AM - Modified On: January 28, 2023 - Published By:
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A Bright Future Ahead As the new year begins most people use this time to review their past achievements and recalibrate their aims for the future. At Paribus we’re no different, and this gives us the opportunity to add more details to our roadmap based on our latest developments. The first thing to note about our updated roadmap is that there are no dates. In our journey, we’ve found that giving public dates can often be counter-productive. Although we use dates as internal targets, these are often flexible and adapt

Passport of the Future

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Time Stamp: November 18, 2022 4:21 AM - Modified On: November 18, 2022 - Published By:
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A few years ago if you were to talk about governments being able to control your money and impose travel restrictions on their citizens most people would roll their eyes and ask where your tin foil hat was. These days however the dystopian future dreamt of by science fiction authors is rapidly becoming a reality. When it comes to dystopian visions of society and governmental overreach, most people’s first thoughts turn to China. Although they may be ahead of the curve at the moment, their path to a digital future

Digital Nigeria 2022: NITDA Director General tasks Tech Innovators with Problem Solving

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Time Stamp: November 2, 2022 4:49 AM - Modified On: November 2, 2022 - Published By:
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Kashifu Inuwa challenges entrpreneurs to identify then solve problems, during Day 3 of the Digital Nigeria 2022 International Conference ABUJA, NG, Oct 31, 2022 - (ACN Newswire) - The Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa, CCIE has challenged Nigerian tech innovators and entrepreneurs to identify problems bedeviling the nation with the view to proffering solutions because the government has provided a level playing field for them to achieve just that. NITDA Director General and conference host Kashifu Inuwa, CCIE, challenged Nigerian tech innovators and entrepreneurs to

Drawing Parallels

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Time Stamp: October 26, 2022 5:39 AM - Modified On: October 26, 2022 - Published By:
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For many people in crypto, the way that regulators are approaching the industry is unique and can at times seem unnecessarily adversarial. For those with prior experience in nascent industries, it bears remarkable similarities to how other technologies have seen regulations imposed on them. For many people in crypto, the way that regulators are approaching the industry is unique and can at times seem unnecessarily adversarial. For those with prior experience in nascent industries, it bears remarkable similarities to how other technologies have seen regulations imposed on them. Five years

Too Big to Fail?

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Time Stamp: October 7, 2022 2:22 AM - Modified On: October 7, 2022 - Published By:
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Several weeks ago we covered Credit Suisse in some of our articles about risk management and regulations. This week they’ve been in the news again for all the wrong reasons, which may have an impact on the crypto market. Once the darling of Wall Street, Credit Suisse is rapidly turning into its nemesis. Following several multi-million dollar fines, they’ve lurched from one scandal to another. In September 2021 the UK’s Financial Conduct Authority issued a statement saying, “The Financial Conduct Authority has fined Credit Suisse over £147 million for serious