The write-up highlights Know Your Transaction (KYT), what is KYT, why KYT is important, and that only KYC isn’t enough today to fight money laundering, terrorism, and o...
Read moreCategory: Cryptocurrency
A Guide to Anti-Money Laundering (AML) for Crypto Firms
How Does AML apply to Crypto? Cryptocurrency advancement and its affiliations with financial crimes go hand in hand. Anti-Money Laundering (AML) in crypto is continuously...
Read moreEver since the advent of blockchain and bitcoin, things have looked very different. Initially, most people wrote bitcoin (which was the first cryptocurrency) off. Since i...
Read moreKnow Your Customer (KYC), which can also be called Know Your Client, is mandatory for banks, money service providers, and cryptocurrency exchanges. KYC allows f...
Read moreMoney laundering is the process by which financial transactions are conducted in a way that obscures the link between the funds and their origins. Annually, money launder...
Read moreWhen Bitcoin was released to the world in 2009, it was a part of a noble cause. Bitcoin offered people a secure way to perform digital, financial transactions on the web ...
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