News
Investors allege JPMorgan helped facilitate fund flows in a $328 million crypto Ponzi scheme, while a parallel federal case targets Goliath Ventures’ founder.
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KYC News
Know Your Customer, or KYC, compliance means collecting certain information from customers to confirm their identities and to comply with any regulatory requirements. These requirements can include aspects such as restricting access to citizens of a certain jurisdiction. Depending on the involved country, laws and regulations often obligate businesses to complete KYC processes.
KYC has become more common in the crypto space, in line with increasing regulatory overwatch. Binance KYC became a more significant talking point after the exchange announced in 2019 that it would ban customers of certain regions, such as the United States. KYC and AML, or Anti-Money Laundering — the process of verifying customers and the source of their funds — often go hand in hand.
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Thai crypto operators reportedly froze 10,000 suspected “mule accounts” as new AML checks and transfer delays took effect in a wider anti-fraud push.
2136 - News
Crypto exchange Bithumb risks a partial business suspension for negligence around money laundering and customer verification practices, according to local media reports.
2427 - Opinion
The stablecoin boom risks surveillance via centralized KYC. Protocol-level ZK compliance restores privacy, slashes costs and unlocks true financial freedom.
889 - News
Cryptocurrency exchanges are moving to block scam-linked transfers before funds leave their platforms as fraud losses continue to climb.
1510 - Opinion
The ERC-8004 Trustless Agents standard and x402 payments unlock AI commerce, including discovery, reputation and micropayments for autonomous economic coordination.
1548 - News
Pedro Sánchez announced that Spain would implement several changes to laws impacting social media platforms starting next week, with potential criminal liability for executives.
3773 - News
Bybit’s upcoming neobank launch via Tether-backed Pave Bank highlights the regulatory hurdles and challenges that crypto exchanges face when entering traditional finance.
2639 - News
Crypto exchange Bybit said its new “My Bank” accounts will give users personal IBANs, instant fiat access, multi-currency transfers and crypto trading under their own name.
2356 - News
OKX says the card supports USDC and USDG spending, is issued via Monavate on Mastercard’s network and is available to verified EU users.
2771 - News
Insider trading is hard to curb on non-KYC prediction markets, but even identity checks do not fully eliminate abuse, according to Messari’s Austin Weiler.
2487 - News
The UK is weighing an Australia‑style ban on social media for under‑16s, as regulators ramp up enforcement of the Online Safety Act.
3820 - News
Tightening KYC regulations and growing scrutiny on the digital economy are triggering more investor demand for privacy-preserving digital assets like Monero.
5584 - News
Star Xu defended freezing $40,000 in stablecoins after a user admitted buying verified accounts, with the exchange citing strict KYC and AML obligations.
3302 - News
Tax and other regulatory agencies in India claim that cryptocurrencies and permissionless blockchain tech undermine tax collection.
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