Know Your Customer

Coinbase scraps Turkey plans, wants to dump AML laws
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4 December, 2024

Coinbase scraps Turkey plans, wants to dump AML laws

After ceasing USDC rewards in the European Economic Area, Coinbase withdrew its Turkey licensing plans while CEO Armstrong painted some...
Upbit’s license renewal in limbo; Hong Kong tightens VASP rules
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22 November, 2024

Upbit’s license renewal in limbo; Hong Kong tightens VASP rules

South Korea is uncertain whether Upbit will have its license renewed due to possible KYC breaches; elsewhere, Hong Kong advises...
Cambodia’s Bakong app boosts tourism by enabling payments for 3.3M locations
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24 August, 2024

Cambodia’s Bakong app boosts tourism by enabling payments for 3.3M locations

The National Bank of Cambodia confirmed a commitment to setting up QR locations nationwide to streamline payments using the Bakong...
India in need of simplifying user verification process to bolster digital payments
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26 July, 2024

India in need of simplifying user verification process to bolster digital payments

While India has witnessed a surge in digital payments, the country’s KYC procedure continues to be cumbersome, especially for the...
‘Crypto’ anti-money laundering efforts need to incorporate tradfi tools
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15 July, 2024

‘Crypto’ anti-money laundering efforts need to incorporate tradfi tools

Chainalysis details the extent to which money launderers use blockchain “to launder funds from a broader range of illicit activities...
Italy to increase oversight of digital asset market
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25 June, 2024

Italy to increase oversight of digital asset market

The policy, moving Italy further towards the standards laid out by MiCA, also designates Italy's central bank and market watchdog,...
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