February 02, 2023
SendFriend Buys DigiPli to Boost Sanctions Screening and AML Controls

B2B FinTech company SendFriend has acquired U.S. compliance provider DigiPli. The move will combine DigiPli’s anti-money laundering (AML) model with SendFriend’s cross-border payments solution for financial institutions (FIs) needing access...

February 01, 2023
Bankruptcy Court Says Celsius Users Can Begin Withdrawing Funds

A bankruptcy court filing says some customers can withdraw funds from troubled cryptocurrency firm Celsius. The Tuesday (Jan. 31) filing shows Celsius has the court’s permission to disburse 94% of...

February 01, 2023
The Future of Web3 Depends on Careful Regulatory Approaches

Blockchain and digital token technologies have achieved prominence in terms of crypto and digital asset transactions, but these technologies also are the foundation for a new iteration of internet technology...

February 01, 2023
Hold Your Horses

Web3 is not lawless territory. Regardless of how the term is defined or conceptualized, a number of existing laws and regulations already clearly apply – in some cases to the...

February 01, 2023
Web3 In Transition and Participatory Regulation

Web3 constitutes the first qualitative revolution of the Internet. The technology in Web2 has been neutral, while with the blockchain, it becomes a field of competition. Digital platforms (Web2) remained...

January 31, 2023
Trulioo Debuts New ID Verification Platform

Identity security firm Trulioo has unveiled a global identity platform for personal and business verification. As the company noted in a Tuesday (Jan. 31) news release, the launch comes as...

January 31, 2023
Fiserv Gets OK to Offer Cross-Border Transfers in Singapore

Payments firm Fiserv has won approval to expand its offerings in Singapore. The Monetary Authority of Singapore (MAS) has granted Fiserv a Major Payment Institution (MPI) license, allowing it to...

January 31, 2023
Eventus Unveils Anti-Money Laundering Platform Validus

Eventus has debuted an anti-money laundering (AML) platform for traditional finance and digital asset companies. The Austin-based company, which provides transaction monitoring and market risk solutions, announced the cloud-based tool...

January 29, 2023
Crypto Exchanges Face Uphill Battle for EU Regulatory Approval

As European regulators crack down on unlicensed crypto exchanges, gaining approval is proving challenging. Last week, for instance, De Nederlandsche Bank (DNB), the Dutch central bank, announced that it had...