Regulation: it was always going to come to Bitcoin and the digital asset industry, and we've known it for a long time.
In total, $286,933,760 worth of digital currency and 200 pieces of customer data were stolen from digital currency exchanges in 2020.
The OIG called on FBI to implement a better strategy for not just its dark web investigations, but also for digital currency-related activities.
The U.S. Treasury Department is seeking to hire a policy advisor to guide its digital currency oversight duties.
France is reportedly preparing to introduce a raft of new legislation governing the digital currency sector, including tougher KYC rules for digital currency transactions.
Could new regulations require Bitcoin and other digital asset transactions to be sent only to ID-verified wallets? That's what Coinbase CEO Brian Armstrong appeared to suggest.
Kompany founders explained how KYC/KYB On-Chain network is making global business verification and KYC simpler and more efficient for companies.
Kompany is a firm that’s bringing Know-Your-Customer (KYC) compliance on-chain as well as real-time Know-Your-Business (KYB) on the Bitcoin SV blockchain.
The new KYC laws will affect financial services providers and will require the use of social security numbers, which contravenes privacy laws.
The User Verification Programme will require users to go through a four-step process similar to ID checks on other exchanges, BitMEX says.