Search Results for "compliance tools"
HSBC Chief Legal Officer Stuart Levey Gets Appointed as Libra’s New CEO, Expert in Dealing with Regulatory Backlash
The Libra Association appointed its first CEO, Stuart Levey, the Chief Legal Officer at HSBC Holdings. Levey will be overseeing the Libra digital currency and payments system and holds a strong compliance track record and is expected to join Libra in the coming months. However, HSBC has not shown the same upright compliance record. Levey is also expected to “combine technology innovation with robust compliance and regulatory framework.” The Facebook-led project has invited scrutiny from global regulators, with concerns over its threat to national sovereignty with its potential launch. Many of Libra’s original members, including Vodafone, PayPal, and Visa have also chosen to leave the association.
Coinbase Landed Patent for a New Compliance System to Root Out Non-Compliant Accounts
US cryptocurrency exchange Coinbase has been awarded a new patent from the US Patent and Trademark Office for an automated system to flag and remove non-compliant user accounts.
Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading
Malaysia’s Securities Commission, which is responsible for overseeing compliance with Islamic laws in finance, has allowed trading of digital assets.
Fintech Startup Monerium Seeks to Issue E-Money on Algorand Blockchain
The role of e-money is on the rise and continues to challenge bank deposits and cash. The recent partnership between Fintech Firm Monerium and Algorand Blockchain company presents a whole picture of the relevance of e-money as a more convenient means of payments and financial transactions.
Smart Contract 101: What is Remix?
Solidity 101 Tools for Smart Contracts is a series of tutorials for beginners to learn the easiest way to build smart contracts. In this lesson we will use the online tool - Remix.
Elliptic to Provide AML Services to Zilliqa’s Blockchain Network
Elliptic, a London-based blockchain analytics startup, has partnered with Zilliqa, a Singapore-based blockchain network provider, to propel the infrastructure compliance and security of the latter’s network by offering an anti-money laundering (AML) compliance support.
Ripple (XRP) Check Feature May Soon See the Light of Day
The long-awaited Ripple Check may soon be launched as the margin for the needed votes by the network's validators narrows. With the Check feature, institutions and users will find flexibility in money exchange and adherence to compliance.
IRS Cracking Down on Cryptocurrency Tax Evasion, Seeks Private Crypto Tax Contractors
The Internal Revenue Service (IRS) has requested help from independent consultants to crack down on non-compliance in cryptocurrency tax.
Jul 30 Trading Analysis: The Running of the BTC Bulls
- BTC trading resiliently around the $11k mark with open interest across global exchanges hitting $5 billion, a level not seen since February this year. - Overnight, no surprises from the U.S. Fed who left interest rates near zero and vowed to use all its tools to support the recovery from an economic downturn that Chair Powell called the most severe “in our lifetime.” - Trade strategy: Think we have got some momentum going as rotation from DeFi and precious metals investors as well as even day traders from the U.S. (think Robhinhood).
The Algorand Foundation to Integrate Chainalysis KYT for Transaction Monitoring and Compliance
The Algorand Foundation will be leveraging Chainalysis’ Know Your Transaction (KYT) for transaction monitoring and compliance processes after its integration.
Bittrex Leverages Chainalysis KYT Tool to Enhance Security and Regulation Compliance
Cryptocurrency exchange Bittrex will use Chainalysis Know Your Transaction (KYT) to meet new and existing regulatory and compliance standards, and establish a safer, more secure platform for their users.
OKEx Partners with Shrimpy to Foster Crypto Portfolio Automation
OKEx cryptocurrency exchange and Shrimpy, a crypto exchange trading bot for portfolio management and market indexing, agree on a strategic partnership to foster crypto portfolio automation tools among crypto traders.