Know Your Peer — The pros and cons of KYC
Zero-knowledge proofs and reputation systems could reshape compliance and preserve privacy in DeFi.
Auto Added by WPeMatico
Zero-knowledge proofs and reputation systems could reshape compliance and preserve privacy in DeFi.
Upbit must respond to the FSC’s suspension notice by Jan. 20 or face restrictions on new registrations on the platform for six months.
The advent of generative AI has made it easier for scammers to target crypto and other real-time payment systems.
Innovative challengers are building compliance into their DNA and outcompeting established players.
As crypto exchanges face regulatory challenges globally, Bitget chief operating officer Vugar Usi Zade emphasized compliance and innovation for sustainable growth.
Topper’s crypto off-ramp solution is designed to allow anyone using a self-custodial wallet like MetaMask to convert their crypto into fiat.
Brazil, the second-largest market for stablecoin transactions, could be set to ban stablecoin withdrawals to self-custodial wallets like MetaMask.
Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal.
The new AI-powered tool, customized specifically to target crypto exchanges and financial platforms represents “a new level of sophistication” in fraud, says cybersecurity firm Cato.
Crypto exchange Kraken has announced the delisting of Monero in the European Economic Area to maintain compliance with EU regulations.
