Search Results for: regulatory compliance

Wirex Selects Sumsub For Virtual Asset Travel Rule Compliance and Transaction Monitoring Solutions
Digital Payments News

Wirex Selects Sumsub For Virtual Asset Travel Rule Compliance and Transaction Monitoring Solutions

PR Newswire
by PR Newswire0
Wirex partners with Sumsub to ensure regulatory compliance with upcoming virtual asset service provider (VASP) Travel Rule obligations and ongoing transaction monitoring A digital payment company Wirex has partnered with Sumsub, a global full-cycle verification platform. Sumsub will provide Wirex with its Transaction Monitoring capabilities, Travel Rule compliance solutions for......
The United States Remains A Key Player In The Global Crypto Industry, Despite Recent Regulatory Challenges
Cryptocurrency News

The United States Remains A Key Player In The Global Crypto Industry, Despite Recent Regulatory Challenges

PR Newswire
by PR Newswire0
Will crypto firms seek greener pastures? PayBito CEO Raj Chowdhury discusses the US’s continued role in the global crypto industry, despite the recent SEC crackdown. The global crypto community is viewing recent US policies as an overreaction to the FTX aftermath. The consensus feels strict crypto regulations can stifle innovations......
Binance Announces Kristen Hecht as its New Deputy Chief Compliance and Global Money Laundering Reporting Officer
Blockchain Digital Asset Management News

Binance Announces Kristen Hecht as its New Deputy Chief Compliance and Global Money Laundering Reporting Officer

PR Newswire
by PR Newswire0
Binance, the global blockchain ecosystem behind the world’s leading digital assets platform, announced the appointment of its former Global Head of Corporate Compliance Kristen Hecht as its new Deputy Chief Compliance Officer (CCO) and Global Money Laundering Reporting Officer (GMLRO) at Binance. Kristen brings 17 years of experience, including nearly......
Sutton Bank and Privacy Lock Announce Partnership for Privacy Compliance
Banking Compliance management News

Sutton Bank and Privacy Lock Announce Partnership for Privacy Compliance

Business Wire
by Business Wire0
Privacy Lock is pleased to announce it has entered into a strategic partnership with Sutton Bank, an Ohio community bank that is a leading issuer of nationwide payment card programs. “New and emerging consumer privacy laws could mark the start of a new era of privacy in banking and finance,......
MIDAO Secures $1 Million in Fundraising to Expand Legal & Regulatory Architecture for Web3 and DAOs
DeFi News

MIDAO Secures $1 Million in Fundraising to Expand Legal & Regulatory Architecture for Web3 and DAOs

GlobeNewswire
by GlobeNewswire0
The Republic of the Marshall Islands’ exclusive registry for DAOs will use new funding to develop as a global leader for DAOs to receive legal recognition MIDAO, the leading provider of DAO registry services worldwide, announced the successful completion of a $1 million fundraise to further expand its innovative legal......
Astra Protocol's Digital Compliance Solutions: A Beacon for Emerging Markets like Uganda
Compliance management News

Astra Protocol’s Digital Compliance Solutions: A Beacon for Emerging Markets Like Uganda

PR Newswire
by PR Newswire0
Uganda, a vibrant nation in East Africa, is undergoing a digital transformation. The country’s central bank has recently shown a more open stance towards cryptocurrencies, inviting members of the Blockchain Association of Uganda (BAU) to participate in its regulatory sandbox. This U-turn signals the beginning of a new chapter in the Ugandan digital economy,......
Sumsub Doubles Down on Fintech to Lead Industry Through Shifting Regulatory Landscape
Fintech News

Sumsub Doubles Down on Fintech to Lead Industry Through Shifting Regulatory Landscape

PR Newswire
by PR Newswire0
Full-cycle verification provider shares compliance expertise to help businesses address KYC/AML, fraud prevention, and transaction monitoring in the Fintech space The regulations Fintech companies must adhere to change fast, with new possibilities and compliance requirements being regularly introduced across various jurisdictions. Today, Sumsub, a full-cycle verification platform to secure the whole......
Set Solutions Automates Tax Compliance Across Multiple States with Avalara and Sage Intacct
Compliance management Finance News

Set Solutions Automates Tax Compliance Across Multiple States with Avalara and Sage Intacct

PR Newswire
by PR Newswire0
With Avalara and Sage, Set Solutions is meeting the company’s tax compliance and accounting obligations across 27 U.S. states, while saving hundreds of thousands of dollars per year When the U.S. Supreme Court ruled in favor of the state in South Dakota v. Wayfair, Inc., in 2018, it expanded the complexity......
Astra Protocol Responds to AMLD5, Reinventing Compliance for Crypto Exchanges and Wallets
Cryptocurrency DeFi News

Astra Protocol Responds to AMLD5, Reinventing Compliance for Crypto Exchanges and Wallets

PR Newswire
by PR Newswire0
In response to the Fifth Anti-Money Laundering Directive (AMLD5) introduced by the European Union, Astra Protocol, the revolutionary web3 compliance system, has announced its strategy to help compliance for crypto exchanges and wallets. In an evolving world of decentralized finance (DeFi), governmental bodies have grappled with creating regulatory measures that balance the need to curb......
Ripple Obtains In-Principle Regulatory Approval in Singapore
Digital Payments News

Ripple Obtains In-Principle Regulatory Approval in Singapore

Business Wire
by Business Wire0
Ripple, the leader in enterprise blockchain and crypto solutions, announced that its Singapore subsidiary Ripple Markets APAC Pte Ltd, has obtained In-Principle Approval of the Major Payments Institution License application from the Monetary Authority of Singapore (MAS). This license will allow Ripple to offer regulated digital payment token products and......
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