Tagged: dave jevans

FinCEN Director Kenneth Blanco Says US Government will Strictly Enforce Rule Requiring Cryptocurrency Firms to Share User Data

The US government will reportedly be enforcing a rule which requires companies dealing in cryptocurrencies, including digital asset wallet providers and exchanges, to share details about their clients. This, according to Kenneth Blanco, director of the Financial Crimes Enforcement Network (FinCEN). The “travel rule” for… Read More

Binance to Offer Institutional-Grade AML Controls and Transparency with Support from CipherTrace

California-based blockchain analytics firm CipherTrace recently began supporting crypto exchange Binance’s native digital token, BNB, and its public blockchain platform, Binance Chain. As explained in the release, “Binance Chain is the underlying blockchain layer for Binance’s (decentralized/non-custodial exchange) DEX. Now, with support from CipherTrace, Binance… Read More

CipherTrace CEO: “It is a constant challenge to keep pace with crypto crimes and scams”

CipherTrace is a cryptocurrency cyber assurance and compliance firm that has recently formed some interesting partnerships. In February, CipherTrace was backed by $15 million in venture funding to help fulfill its mission on crypto security. In January, CipherTrace published a report on the global cryptocurrency… Read More

Malta Financial Services Authority Partners with CipherTrace to Guard Against Crypto Fraud, Money Laundering

The Malta Financial Services Authority (MFSA) has enlisted CipherTrace Compliance Monitoring to better manage operational risks regarding digital assets. The MFSA is implementing the CipherTrace tool which is designed to continuously rate the risks of cryptocurrency businesses to protect consumers, investors, and business partners. The… Read More

Modulus Partners with CipherTrace on AML for Crypto Exchanges

Modulus, a developer of trading and surveillance tech for both traditional securities and digital assets, has partnered with CipherTrace to provide an Anti-Money Laundering (AML) solution that will be included in Modulus’ crypto exchange solution. The CipherTrace tech is described as identifying the full stack… Read More

CipherTrace Publishes Report on Cryptocurrency Money Laundering, say Crypto Theft on the Rise

Q2 2018 Sees Increase in Crypto Theft and in Cryptocurrency Money Laundering CipherTrace has published a report on Crypto Theft and money laundering. Their research covers the second quarter of 2018 and according to the document there has been a dramatic rise in Crypto crime… Read More

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