カテゴリー: KYC Compliance

Japanese Police Arrest Chinese Man for Selling Cryptocurrency Exchange Accounts

Japanese Police Arrest Chinese Man for Selling Cryptocurrency Exchange AccountsDuring the height of the cryptocurrency trading mania, when major exchanges closed their doors to new clients in an effort to cope, it was not uncommon to see people offering big amounts to buy existing accounts. The following case should serve as a warning to anyone considering selling accounts, as you can never know what […]

The post Japanese Police Arrest Chinese Man for Selling Cryptocurrency Exchange Accounts appeared first on Bitcoin News.

Japanese Police Arrest Chinese Man for Selling Cryptocurrency Exchange Accounts

Japanese Police Arrest Chinese Man for Selling Cryptocurrency Exchange AccountsDuring the height of the cryptocurrency trading mania, when major exchanges closed their doors to new clients in an effort to cope, it was not uncommon to see people offering big amounts to buy existing accounts. The following case should serve as a warning to anyone considering selling accounts, as you can never know what […]

The post Japanese Police Arrest Chinese Man for Selling Cryptocurrency Exchange Accounts appeared first on Bitcoin News.

ICOs and Exchange Sign-Ups Create Boom for Automated Compliance Industry

ICOs and Exchange Sign-Ups Create Boom for Automated Compliance IndustryMany of the major cryptocurrency exchanges have announced that a massive influx of new traders in late 2017 caused them to be overwhelmed, leading to degraded services or forcing them to close their doors to new clients. Much of the problem was the need to ensure compliance with complex KYC/AML regulations, which the companies struggled […]

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Australian Bitcoin Exchanges Must Now Register at Financial Intelligence Agency

Australian Bitcoin Exchanges Must Now Register at Financial Intelligence AgencyWhether or not bitcoin users think it is a good idea, governments around the world are determined to try and regulate how citizens trade their cryptocurrency. Due to this, Australian bitcoin exchanges’ clients should now expect their service providers to focus more on compliance with bureaucracy.    Also read: South Korean Financial Regulators Ban Bitcoin […]

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Switzerland’s FINMA Eyes Crypto Valley

Switzerland's FINMA Eyes Crypto ValleySwiss Financial Market Supervisory Authority, FINMA, is invited by the Crypto Valley Association to regulate the country’s booming cryptocurrency industry. Crypto Valley Of twenty-six Swiss cantons, or member states making up Switzerland’s confederation, Zug earned worldwide notoriety for its embracing of cryptocurrencies such as bitcoin.   Indeed, with a population the size of a poorly […]

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