Browsing: Compliance

According to reports on social media, a number of users have complained that FTX has blocked a transaction that was associated with the Aztec Network’s zkmoney privacy technology. Following the accusations, FTX CEO Sam Bankman-Fried explained that transactions are monitored for AML compliance but it “does not mean any accounts were frozen.” Journalist Wu Blockchain

Coinbase has announced that the company plans to introduce a number of changes for customers in the Netherlands in order to comply with the 1977 Sanctions Act, a law that recently applied know-your-customer (KYC) guidelines to non-custodial wallets. If the person living in the Netherlands wants to send crypto to a third-party wallet via Coinbase,…

As our global business scales, we maintain a commitment to upholding the highest standards of compliance in every market we serve. Regulators across the world are thoughtfully discussing ways to protect consumers while supporting innovation in the industry. Nowhere is crypto regulation more robust and advanced than in Germany, where our team continues to grow.Sven Niederheide,…