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Tag: prevent money

NYDFS to Collect Supervisory Fees from Crypto Firms

42 mins ago | 2 mins read Editors News NYDFS is empowered to collect supervisory fees...

Crypto Exchange Kraken Takes a Stand as It Promises to Meet Canada’s Stricter Regulations

As the cryptocurrency market continues to grow in popularity, regulators around the world are beginning to take notice. Many countries have implemented stricter regulations...

How to Get a License for a Crypto Exchange

The crypto exchange market is growing rapidly as more people become aware of the potential for trading digital assets. But before starting trading, you...

Ultimate Guide to Depositing and Withdrawing at Stake Casino

We’ve tried our hand at many cryptocurrency casinos over the years, and depositing and withdrawing is not always as easy as it seems. These...

Understanding the Money Transfer Business: How Funds Move Across Borders?

The money transfer business plays a crucial role in enabling individuals and businesses to send and receive funds across borders. There are a range...

The Essential Things to Know before Starting a Digital Wallet Business

The world is quickly embracing the digital age, and e-wallets are becoming an increasingly popular way to send and receive payments. They help users...

Coinbase posts a $557 million loss; revenue tumbles 75% in the fourth quarter as crypto investors move their digital assets out of the exchanges

Coinbase, the biggest cryptocurrency exchange in the US, reported another quarterly loss today after it posted a $557 million loss in the fourth quarter....

Ex-Coinbase manager pleads guilty to the first case of cryptocurrency insider trading

A former product manager at crypto exchange Coinbase pleaded guilty on Tuesday in what U.S. federal prosecutors have called the first insider trading case...

Change ahead: Key KYC and financial crime developments in 2023 (Farnoush Mirmoeini)

2022 brought renewed attention to the anti-money-laundering (AML) space and the know your customer (KYC) processes underpinning it. High profile cases, such as the...

India’s CoinDCX exchange says crypto tax rules are reducing government revenue

Forkast spoke with Sumit Gupta, co-founder and chief executive of CoinDCX, India’s first crypto unicorn, for an update on developments. He said the budget...

Ukraine’s Financial Watchdog Reports Blocking Russian Crypto Exchanges

The financial monitoring agency of Ukraine has restricted access to a number of online crypto exchangers operating out of Russia. Some of the...

How Important is KYC for crypto transactions?

Guest Post | Jan 20, 2023 Image: Freepik/crypto Cryptocurrency is a revolutionary new form of money and it’s here to stay. With its decentralized, digital nature,...

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