Tag: AML

AML

US Authorities Issue Digital Assets Reminder

The leaders of the US Commodity Futures Trading Commission (CFTC), the Financial Crimes Enforcement Network (Fincen), and the Securities and Exchange Commission (SEC) have issued a joint statement to remind persons engaged in activities involving digital assets of their anti-money laundering and countering the financing of terrorism (AML/CFT) obligations under the Bank Secrecy Act (BSA). AML/CFT obligations apply to […]

New Platform Promises to Solve “Major Problems” in Cryptocurrency Markets

Hong Kong-based OpenANX, a new real-world application of decentralised exchanges built on the Ethereum blockchain, says it has developed key technical aspects that will tackle two major problems in the cryptocurrency space – the barrier to entry for new cryptocurrency users, and risks associated with many transactions.
The new platform says it will allow new market entrants to easily enter the space and to understand their exposure to risk on any potential deal, a feature that’s lacking in current exchanges.