PYMNTS

OCTOBER 18, 2018

The global regulatory framework of cryptocurrencies and blockchain remains either fragmented, vague or simply nonexistent. Part of the initiative includes the SBA’s guidelines to the nation’s traditional financial services market on how to service these industry players while maintaining compliance.

Guidelines 213

Guidelines cryptocurrency blockchain National 213

PYMNTS

JULY 22, 2019

And there is no shortage of interest in the region in that ability, with particular interest coming from the financial services sector, the cryptocurrency markets and in the healthcare vertical. The Latin American market isn’t going to slow down — not from an innovation standpoint, and not from a regulatory standpoint.

Innovation 161

Innovation Payments Regional America 161

PYMNTS

SEPTEMBER 21, 2018

Switzerland is reportedly exploring ways to make it easier for blockchain companies to open corporate bank accounts as the government moves to prevent those innovators from leaving the country. Experts said blockchain innovators struggling to access the traditional financial services sector have been pushed out because of it.

blockchain 187

blockchain Guidelines cryptocurrency Innovation 187

PYMNTS

NOVEMBER 2, 2020

During phase one, VASPs will have to demonstrate their compliance with these standards, according to the release. And, Huobi Group expanded its support for cryptocurrency purchases via Visa and Mastercard on Huobi Global , its digital asset exchange, now allowing cardholders to access a seamless fiat-to-crypto gateway.

Bitcoin 160

Bitcoin Policies Groups cryptocurrency 160

PYMNTS

APRIL 18, 2019

The last several years have seen a surge in efforts among the cryptocurrency community to legitimize the technology. Once seen as a tool for the dark web and black markets, cryptocurrencies like bitcoin now want to be a part of the broader economy. Rather, it’s to pay off a cyberattacker.

Bitcoin 143

Bitcoin cryptocurrency Compliance Community 143

PYMNTS

AUGUST 4, 2019

Cryptocurrency compliance company Elliptic has released the Elliptic Data Set, which aims to identify crypto transactions associated with money laundering. A big problem with compliance, in general, is false positives. And Busan has issued a “regulation-free” zone for blockchain development by South Korea’s national government.

Bitcoin 115

Bitcoin Study Data Massachusetts 115

PYMNTS

SEPTEMBER 29, 2017

Switzerland is the latest nation to take a harder look on this new crowdfunding method, which allows cryptocurrency entrepreneurs to raise millions by creating and selling digital “tokens.”. Bancor Protocol, a Zug-based foundation enabling the creation of other cryptocurrencies, raised over $150 million in June.

cryptocurrency 124

cryptocurrency Bitcoin Regulation blockchain 124

Bank Innovation

SEPTEMBER 29, 2017

In an announcement released today, South Korea’s Financial Service Commission stated that tighter control over cryptocurrencies is necessary, as ICOs are increasing the risk of financial scams. Following in China’s footsteps, South Korea has banned all ICOs. It also announced that businesses issuing ICOs will face “stern penalties.”

cryptocurrency 218

cryptocurrency National Bitcoin Compliance 218

Abrigo

NOVEMBER 11, 2021

The June 2021 release of the Financial Crimes Enforcement Network ( FinCEN) Priorities makes this clear in naming cybercrime as one of the eight national anti-money laundering and countering the financing of terrorism (AML/CTF) priorities. Usually, the ransom is a substantial amount of money or cryptocurrency. financial institutions.

Fraud 195

Fraud cryptocurrency System Trends 195

Abrigo

NOVEMBER 11, 2021

The June 2021 release of the Financial Crimes Enforcement Network ( FinCEN) Priorities makes this clear in naming cybercrime as one of the eight national anti-money laundering and countering the financing of terrorism (AML/CTF) priorities. Usually, the ransom is a substantial amount of money or cryptocurrency. financial institutions.

Fraud 195

Fraud cryptocurrency System Trends 195

PYMNTS

OCTOBER 9, 2019

In other news, the SIX Digital Exchange (SDX) announced that it is joining forces with the Swiss National Bank (SNB) on a proof of concept to look into how digital central bank money could be used in the settlement of tokenized assets between market participants. “As percent rate.

Bitcoin 116

Bitcoin San Francisco Taxes Compliance 116

PYMNTS

DECEMBER 6, 2017

And, much to the relief of corporates, the continuing focus on B2B payments innovation. We are definitely seeing more innovation in the cross-border B2B space in the last two years than we have ever before,” he recently told PYMNTS. “We The evolution of blockchain-based services. Collaboration between FinTechs and banks.

Payments 183

Payments blockchain Innovation Fintech 183

Bank Innovation

OCTOBER 5, 2017

The White House and Equifax, admittedly two of the nation’s least trusted institutions at the moment, agree that social security as unique identifiers have to go.

Security 223

Security National blockchain cryptocurrency 223

American Banker

JULY 6, 2023

Now she's working on a national scale. Long, founder and CEO of Custodia Bank, has pushed for digital-asset regulation in her home state of Wyoming.

Wyoming 56

Wyoming Regulation National cryptocurrency 56

NCR

AUGUST 18, 2017

It started out as the rails for cryptocurrencies like Bitcoin, but has evolved as a technology that can transform many legacy business paradigms in the banking sector. Today these activities are both time-consuming and costly, with Thomson Reuters estimating the average national bank spends around $60 million on these activities every year.

blockchain 75

blockchain Technology cryptocurrency Study 75

Urs Bolt

OCTOBER 17, 2018

Financial Technology (Fintech) could help build an inclusive financial system which allows any group in society to enjoy more convenient financial services by lowering the threshold and costs of obtaining financing, said Wang Zhongmin, a former vice chairman of the National Council for the Social Society Fund, recently at the Hangzhou Bay Forum.

System 28

System Fintech blockchain Innovation 28

Bank Innovation

DECEMBER 26, 2017

The Israeli government is creating its own “digital shekel,” according to multiple reports. The move is apparently driven by the desire to reduce black market activity, which makes up 22% of the country’s GDP, the report says. Hand in hand with this is a move to reduce paper cash, a great deal of which is […].

cryptocurrency 257

cryptocurrency National Report Marketing 257

Abrigo

APRIL 18, 2022

Innovation is key in the world of decentralized currencies The United States will have to be creative to stay competitive globally as digital assets enter the mainstream. The innovative world of digital assets has made big strides since its inception in 2009. Would you like other articles like this in your inbox? Rapid Growth.

cryptocurrency 195

cryptocurrency Fraud United States Leadership 195

Tomorrow's Transactions

NOVEMBER 5, 2014

The topic of AML came up time and time again in the discussions around Money2020 in Las Vegas, whether in the sessions about cryptocurrency or remittances or innovation or anything else. Still, it’s good to know that anti-money laundering (AML) legislation is in place and effective. In fact, it grew by nearly two-thirds.

Las Vegas 55

Las Vegas Regulation Analysis Exercises 55

Abrigo

JULY 22, 2022

Cryptocurrency regulation is on the horizon The ups and downs of the cryptocurrency scene have illuminated a need for guidance for traditional financial institutions. You might also like this whitepaper, "Understanding Cryptocurrency." Historical benefits of cryptocurrency. Cryptocurrency's appeal to consumers.

cryptocurrency 195

cryptocurrency FDIC Regulation Fraud 195

William Mills

JULY 19, 2018

However, some of the smaller, more intimate events may have more of an impact on your bottom line than the big, national conferences that are already on your radar. This event will cover everything from economic forecasts and regulatory compliance updates to digital mortgage trends and cutting edge technology. NAMB National , Dec.

Conference 41

Conference San Diego Dallas San Francisco 41

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Let’s see how this new scale allows for big investments in future innovation. His passion for innovation, community, culture, and clients provides a leadership template for all future GonzoBankers. Merger (MOE) of the Year: Credit Union.

Community 216

Community Fintech Industry Innovation 216

Gonzobanker

DECEMBER 14, 2023

Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank. Award – goes to CNBC’s Jim Cramer , who lamented that banks should have been innovating offerings like those delivered by PayPal and Square.

Fintech 195

Fintech Community Regional Technology 195

PYMNTS

AUGUST 13, 2018

Blanco told a conference last week that FinCEN, which operates as part of the Treasury Department, sees as cryptocurrency gains traction. The director noted that innovation in the space has its positives, boosting access to new services with greater speed than has been seen before. 1,500 complaints about suspicious activity per month.

cryptocurrency 109

cryptocurrency Los Angeles Chicago Conference 109

PYMNTS

OCTOBER 7, 2019

Questions about regulatory compliance related to money laundering were reported to be the reason for PayPal’s exit. Instead of piling on, though, I’d rather be constructive and lay out what we’ve learned from the Libra experience that may be helpful to other innovators who have big ideas to change the world.

Regulation 199

Regulation cryptocurrency Innovation Meeting 199