The Paypers

OCTOBER 15, 2021

Netherlands-based blockchain investigative tool Crystal Blockchain has announced a partnership with Notabene , a Financial Action Task Force (FATF) Travel Rule solution provider.

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Travel Rule Rules Compliance Blockchain 28

PYMNTS

NOVEMBER 15, 2019

government is going to strictly oversee the implementation of rules that would force crypto exchanges, marketplaces and digital wallets to identify their customers when they do transactions over a certain monetary threshold, according to a report by Reuters. 15) that the U.S. The amount of money laundering crime may exceed $4.3

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The Fintech Times

JUNE 3, 2024

C rypto exchange users will be able to send and receive crypto using their Mastercard Crypto Credential aliases Mastercard Crypto Credentials helps verify interactions among consumers and businesses using blockchain networks. Users will be able to send cross-border and domestic transfers across multiple currencies and blockchains.

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PYMNTS

DECEMBER 9, 2020

Blockchain trade technology firm XREX has rolled out a cryptocurrency Exchange-as-a-Service (EaaS) technology called MyXchange. as the FATF Travel Rule solution. XREX serves international companies that have business in developing economies, according to Medium post from CEO and Co-founder Wayne Huang.

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The Fintech Times

NOVEMBER 27, 2024

Full-cycle verification platform, Sumsub has enhanced its Crypto Transaction Monitoring and Travel Rule solutions following an integration with Elliptic , the cryptoasset risk manager. The partnership will be especially effective as blockchain-related crime is a growing concern.

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Fintech News

JULY 17, 2024

Crypto bridges, which facilitate the transfer of assets between different blockchain networks, have become increasingly popular for money laundering. This trend highlights how criminals are exploiting the interoperability of different blockchain networks to further obscure the trail of illicit funds. billion in 2024.

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Fintech News

JANUARY 24, 2024

Per FATF (Financial Action Task Force) standards, compliance with the Travel Rule mandates DPT services to share client information for transactions, ensuring further safety in digital transfers. Paxos is a New York-headquartered financial institution and technology company specialising in blockchain technology.

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PYMNTS

DECEMBER 10, 2020

Thousands of other cryptocurrencies began circulating on crypto exchanges in recent years, such as Ethereum, Monero and Ripple, many of which leverage blockchain technology to serve as a transaction database. The currency is well-known for its massive value fluctuations, as a single bitcoin cost just 9 cents in 2010, $313.92

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AML Cryptocurrency Money Laundering Compliance 88

Neopay

JANUARY 25, 2024

The Guidelines also explain how CASPs should adjust their mitigating measures, including the use of blockchain analytics tools. Based on these risk factors, CASPs can develop understanding of their customer base and to identify which part of their business or activity is most vulnerable to ML/TF.

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