Fintech News

MARCH 26, 2024

Sumsub, a global verification and compliance provider, announced its partnership with crypto exchange Binance to integrate its Travel Rule solutio n through the Global Travel Rule (GTR) Alliance.

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Travel Rule Rules Compliance Transactions 120

Fintech News

MARCH 12, 2024

By incorporating Chainalysis’ key management model, the integration facilitates a comprehensive approach for crypto exchanges, peer-to-peer marketplaces, and neobanks to monitor digital asset transactions efficiently through a unified dashboard, enabling advanced risk management analytics.

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Transactions Security Deepfake Travel Rule 113

The Fintech Times

APRIL 11, 2025

Taurus-NETWORK creates an ecosystem covering public and permissioned DLTs, as well as all types of assets whether cryptocurrencies, tokenised securities, and digital currencies. Furthermore, looking at embedded compliance, travel rule compliance and proof of reserves are embedded by design.

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Participant Settlement Irrevocability Compliance 59

Fintech News

JULY 17, 2024

The rapid ascent of cryptocurrency has ushered in a new era of financial innovation, but it has also created novel challenges in combating financial crime. These services blend the cryptocurrencies of many users together, making it difficult to trace the origin of funds. Usage of mixers peaked in 2022, with over US$1.5

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Money Laundering Law Enforcement AML Non-Bank 109

Fintech News

JANUARY 24, 2024

On January 14, 2019, the Singapore Parliament passed its comprehensive Payment Services Act (PS Act), replacing the former Payment Systems Oversight Act and Money-Changing and Remittance Businesses Act to broaden the scope of regulated payment activities to include emerging trends and industries like digital assets and cryptocurrencies.

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Service Provider Cryptocurrency Payments Institute Blockchain 98

Fintech News

DECEMBER 12, 2024

The partnership includes successful integration with the Travel Rule compliance solution, ensuring adherence to South Koreas regulatory standards for crypto transactions. BYDFi announced its official membership in South Koreas CODE VASP Alliance. CODE formally welcomed BYDFi’s participation at the same time as a post.

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Travel Rule Compliance AML Money Laundering 52

Global Fintech & Digital Assets

JANUARY 8, 2024

Given the decentralised nature of cryptocurrency, many global stablecoins arrangements do not neatly fall within the strict definition in the PSSVFO. To facilitate a smooth transition, pre-existing FRS issuers that are already conducting FRS issuance activities with meaningful and substantial presence in Hong Kong (e.g.,

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Stablecoins Consulting Issuers Non-Bank 59