Cryptocurrency user profiling: next up from FATF
It appears that, in order to quash illegal crypto activity, the Financial Action Task Force (FATF) is going to focus on cryptocurrency user profiling in the days to come. In a report released today, 14th of September, the FATF informs regulators that cryptocurrency user profiling will improve identification of illegal crypto activity. As the providers […]
Ethereum Classic Labs adopts Chainalysis KYT
Ethereum Classic Labs, the development team behind ETC blockchain and cryptocurrency, recently beefed up its security measures with Chainalysis Know-Your-Transaction (KYT) tool. In addition to tracking suspicious transactions, the new KYT tool will enable companies and projects running on ETC blockchain to stay compliant with both local and global regulators. Ethereum Classic Labs partnered Chainalysis […]
Canada FATF compliance is coming hard
Canada FATF compliance is the next big thing that is about to stir the cryptocurrency sphere in the country. Financial Action Task Force (FATF) is going hard on cryptocurrency, digital currencies, and even big technology companies to ensure all anti-money laundering (AML) measures. Per the latest official circulars, Canada’s watchdog for financial crimes is getting […]
