Tags : rule

Market

Tether Companions With Id Startup Notabene on Journey Rule Compliance

Tether introduced on Tuesday that it has begun a trial partnership with Notabene, a digital id startup that gives know-your-customer (KYC) infrastructure to crypto exchanges, to assist it adjust to the Monetary Motion Job Pressure (FATF)’s “journey rule,” which requires monetary establishments to trade KYC data for each senders and recipients of related transactions. Source […]Read More

Regulation

Prime Silicon Valley VC defends crypto amid proposal of controversial

Yesterday, the U.S. Treasury’s FinCEN department confirmed that it’s engaged on cracking down on crimes enabled by Bitcoin and different cryptocurrencies. A to-be-published doc from the Monetary Crimes Enforcement Community indicated that the rule will pressure digital asset service suppliers to confirm the title and tackle of non-custodial pockets customers for any transaction exceeding $3,000. […]Read More