Shyft Launches Veriscope to Help Crypto Exchanges Comply With Travel Rule
Shyft Network has formally launched its new tool, Veriscope, designed to help cryptocurrency exchanges avoid the so-called “sunrise issue” as ...
Tag: Cryptocurrency
Q&A: The SEC Would Love to Regulate Cryptocurrencies, But So Far, Their Efforts Are Hobbled. What’s the Current and Future State for Investment Managers?
President Joe Biden signed an executive order March 9 intended to instill consumer protection and financial stability, prevent illicit uses ...
To Ensure Anti-Ransomware Compliance in Crypto Transactions, Financial Institutions Have a Mountain to Climb
With increased scrutiny from a litany of regulators, cryptocurrency exchanges and financial institutions are now required to monitor, flag and ...
Your Company May Be a Likely Target of State Attorneys General. You May Not See It Coming.
Risk and compliance teams are familiar with potential enforcement from federal regulators. But action from state attorneys general (acting alone ...
Where Central Banks Stand on Digital Currency
Clamored for in Europe, already implemented in China, Central Bank Digital Currencies (CBDCs) are viewed by many American leaders as ...
El Salvador’s Crypto-Bro President Is Flirting with AML Disaster
The speed and haste by which El Salvador adopted Bitcoin as legal tender has opened the door for significant risk ...
In Regulating the Crypto Wild West, Is the SEC Imposing Order or Grabbing Land?
Increased regulation of cryptocurrencies by the Securities and Exchange Commission (SEC) appears imminent. But details, scope and timing are up ...
With Salvadoran Adoption of Bitcoin, Firms Must Navigate Uncharted Waters
In September 2021, El Salvador became the first country to adopt bitcoin as legal tender. It will likely not be ...
Banks Need to Be Able to Pinpoint Cryptocurrency Ransomware Payments. But Effective Methods Remain in Their Infancy.
Instances of ransomware attacks – and resulting payments via cryptocurrency – continue to increase at an accelerating rate. As the ...
2019: Will Money Launderers Meet Their Match?
The Outlook for AML in the Year Ahead 2018 proved to be a challenging year in the fight against money ...
Regulatory Oversight for Cryptocurrency?
What Crypto Exchangers and Administrators Need to Know U.S. regulators have recently joined with an international coalition of tax enforcement ...
Betting on Compliance: The Supreme Court’s Decision in Murphy v. NCAA
Q&A with Nicole Sprinzen of Cozen O’Connor With the U.S. Supreme Court’s decision in Murphy v. NCAA on May 14, ...
