The Securities and Exchange Commission has charged eight celebrities - including actress Lindsay Lohan and YouTube star Jake Paul - for illegaly touting crypto asset tokens without disclosing that they were paid for doing so.
Encompass Corporation, the provider of the leading Know Your Customer (KYC) automation platform, has unveiled its perpetual Know Your Customer (pKYC) maturity model, setting a new benchmark for regulatory compliance to support the fight against financial crime.
Trade Association CryptoUK has written to the government expressing "deep concern" about recent moves by banks to limit cryptocurrency purchases and suggested the creation of a "white list" of exchanges that should be exempt from such restrictions.
Having just been forced to shift $3.3 billion of cash out of Silicon Valley Bank, USD Coin issuer Circle is calling on the Federal Reserve to back its stablecoin. Separately, the firm has picked crypto-friendly France for its European headquarters.
Alloy, the leading Identity Decisioning Platform for banks and fintech companies, today announced its partnership with Kyckr, a corporate KYC company providing businesses with real-time data on prospective and existing customers and suppliers.
Ondato, a technology company that streamlines AML and KYC processes, has begun marketing its highly accurate, AI-powered OCR (Optical Character Recognition) technology as a stand-alone solution for other ID vendors.
Belgium's financial regulator the FSMA is requiring virtual currency companies to add a short and punchy disclaimer to their advertising: 'Virtual currencies, real risks. The only guarantee in crypto is risk.'
