The U.S. Securities and Exchange Commission (SEC) unveiled charges against California-based blockchain services firm BitClave PTE Ltd. for allegedly holding an unregistered initial coin offering (ICO) of digital asset securities, according to a press release. The firm has agreed to settle the charges by giving...
Crypto thefts, scams and fraud cost more than $1.2 billion in Q1 2019 alone. Securing against these threats requires trading platforms to strategize against all eventualities, says Bitbuy President and Founder Adam Goldman. In this month’s AML/KYC Tracker, Goldman explains how Bitbuy uses new tech...
Regulators are pushing for greater oversight of cryptocurrency, with anti-money laundering (AML) and counter-terrorist financing (CTF) watchdog, the Financial Action Task Force (FATF), recently releasing guidelines intended to make digital asset transactions more transparent. That’s not the only sector getting greater oversight, either: Mobile wallet...
January 04, 2022
Decentralized finance (DeFi) platform WonderFi Technologies has agreed to buy Canadian crypto exchange Bitbuy for $161.8 million, according to a Tuesday (Jan. 4) CoinDesk report. With the deal, WonderFi now gets one of the fastest growing Canadian crypto platforms, with an addition of 375,000 new registered users. It will also be able to offer a […]
May 29, 2020
The U.S. Securities and Exchange Commission (SEC) unveiled charges against California-based blockchain services firm BitClave PTE Ltd. for allegedly holding an unregistered initial coin offering (ICO) of digital asset securities,...
