FinCEN Director Addresses Casino Compliance With Obligations Regarding Crypto

FinCEN director Kenneth Blanco urged casinos to follow the agency’s guidelines in regards to suspicious convertible virtual currency activity. Kenneth A. Blanco, the director of the Financial Crimes Enforcement Network (FinCEN), has urged casinos to follow the agency’s guidelines in regards to suspicious convertible virtual currency (CVC) activity. During his speech at the 12th Annual […]

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BitPay Now Requires Your Photo ID for Purchases Over $3K in Bitcoin

Cryptocurrency payment processor BitPay is introducing new identity verification measures for certain high-value payments, refunds and payouts. Cryptocurrency payment processor BitPay is introducing new identity verification measures for certain high-value payments, refunds and payouts. According to an Aug. 1 announcement from the United States-based firm, the new measures notably do not apply to person-to-person payments […]

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Coinone Exchange Partners With Two Firms for Improved Safety Measures

South Korean crypto exchange Coinone has partnered up with two auditing and disclosures firms to improve investor confidence and vet projects. Major South Korean cryptocurrency exchange Coinone has partnered with cybersecurity audit company CertiK and disclosures company Xangle to provide more safety and transparency for their crypto investors. Coinone shared news of the recent partnerships […]

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