The financial world is brimming with innovation, but so are those who exploit its vulnerabilities. Financial crime costs trillions globally. Can Know Your Transaction (KYT) be a game-changer in the fight for a safer financial system?
Cryptocurrency's journey since 2009 has been a rollercoaster of innovation and uncertainty, pushing governments and regulators worldwide into a constant search for effective control measures. So, what have they managed to come up with?
Blockchain technology is transforming KYC processes with improved security and faster identity checks. However, balancing innovation and regulation while simultaneously managing the compliance landscape remains a challenge for both regulators and businesses.
Have you ever stopped to think about how quickly the world of finance is changing? Cryptocurrencies are now a mainstream phenomenon. But here comes a question: how do we keep track of it all, especially for tax purposes?
Basel III introduces rigorous standards for banks, including those handling crypto assets, marking a substantial pivot for enhanced financial stability and risk management in the digital currency space.
Initially designed solely for financial institutions, the Travel Rule saw a great shift in 2019 when the Financial Action Task Force (FATF) extended its reach to virtual asset service providers (VASPs). But what exactly does this mean for businesses?
In 2024, Arbitrum and Optimism emerge as frontrunners in the race to enhance Ethereum's scalability, each offering unique solutions to the blockchain's limitations. But how do they differ, and which is currently outperforming the other?
As we stepped into 2024, the SEC crypto regulation landscape has been witnessing pivotal changes. These updates are particularly vital for investors, companies, and stakeholders engaged in the rapidly evolving digital currency space.