The new set of guidelines are aimed to comply with the AMLD5 rulings established by the EU.

On Thursday (June 24), FinTech group Mode Global Holdings (“Mode”) announced that it had become the only company listed in the London Stock Exchange (LSE) to receive from the UK’s financial regulator an Electronic Money Institution (EMI) licence and an AMLD5 registration. This article explains why this is important for both Mode and its customers. […]

Mode’s crypto arm Fibermode is now an official crypto asset firm in the United Kingdom, pursuant to FCA’s amended AML regulations.

The German Federal Ministry of Finance is planning to introduce new regulations that seek to track the personal data of both parties involved in any cryptocurrency transaction involving at least one payment service provider. Germany becomes first EU Country to fully implement FATF Travel Rule The Financial Action Task Force (FATF) guidelines for crypto transactions […]

The post Germany To Track Crypto Transactions appeared first on CryptoCoin.News.

The Differences Between a VASP, MSB, Money Transmitter, Digital Asset Customer, and How it Impacts Crypto Compliance CryptocurrencyA cryptocurrency (or crypto currency) is...

In the latest proposal concerning Bitcoin and crypto businesses, the UK’s top financial regulator, the Financial Conduct Authority, said all firms would be...

At a time when most industries are suffering from the economic stresses of the global coronavirus pandemic, the KYC industry is enjoying...

Crypto.com’s debit Visa cards are now available in all EU states as the company aims for global presence.

An indigenous crypto company in the Netherlands has shut down following the Fifth Anti-Money Laundering Directive’s  (AMLD5) implementation by the Dutch government. The...

Dutch Bitcoin (BTC) savings platform, Bittr, has decided to cease operations ahead of Holland’s introduction of the EU’s AMLD5 anti-money laundering, or AML,...

The Dutch Ministry of Finance’s implementation of the European Union’s fifth anti-money laundering directive, or AMLD5, requires the country’s Central Bank to monitor...

‘Big 4’ accounting firm KPMG says the lack of robust crypto custody is constituting a significant roadblock to more broad-based institutional adoption of...