A prominent crypto investor with $3.1 million in assets frozen by cryptocurrency exchange MEXC alleges that the company pressured him to travel to Malaysia for an in-person identification […]
US Treasury Seeks Digital ID Integration in DeFi Contracts: Potential Impact On Regulations and Stability
The U.S. Department of the Treasury has launched a public consultation to explore integrating digital identity verification into decentralized finance (DeFi) smart contracts, aiming to address regulatory concerns […]
Treasury’s DeFi ID Plan Sparks Debate on Privacy vs. Compliance
The US Treasury is exploring how to integrate identity verification directly into decentralized finance (DeFi) protocols, a move that raises concerns about the future of open finance and […]
U.S. Treasury Calls for Public Input on Digital Identity in DeFi
The U.S. Treasury is seeking public feedback as it embarks on a consultation under the GENIUS Act to explore incorporating digital identity verification tools into smart contracts within […]
Wisconsin Enacts New KYC Regulations for Bitcoin ATMs
A new bill in Wisconsin aims to bolster security by requiring all Bitcoin ATM operators to implement full Know Your Customer (KYC) procedures for every transaction, regardless of […]
Wisconsin Senate Proposes Strict KYC Rules for Bitcoin ATMs
A new bill from the Wisconsin Senate could significantly alter how Bitcoin ATMs operate within the state. The proposed legislation mandates full Know Your Customer (KYC) verification on […]
Wisconsin Senate Introduces Bill Requiring KYC for Bitcoin ATMs
The Wisconsin Senate has proposed SB386, aiming to bolster security measures for Bitcoin ATM businesses. This bill mandates Know Your Customer (KYC) protocols for operators, requiring detailed identification […]
Wisconsin Passes Law Requiring KYC for Bitcoin ATMs
A new law in Wisconsin mandates that all bitcoin ATMs must implement Know Your Customer (KYC) procedures. The legislation aims to enhance financial security and transparency within the […]
Wisconsin Enacts Stricter KYC for Bitcoin ATMs: Impact & Implications
A new bill in Wisconsin (SB386) has sparked debate about the future of Bitcoin ATM access. The bill mandates stringent Know Your Customer (KYC) requirements for transactions at […]
Zebec Network Acquires Gatenox to Enhance Payment Security
Zebec Network, a decentralized real-time payment platform, has acquired Gatenox, a company specializing in KYC, KYB, and AML compliance for digital identity infrastructure. This acquisition will bring native […]
Pi Network Users Reject Binance Listing, Citing Concerns and Delays
A recent poll by a Pi Network community account on X revealed that a majority of users oppose the idea of listing $Pi on Binance. This rejection stems […]
Coinbase Data Leak Impacts 70,000 Users: Is KYC Safeguarding or Putting Them at Risk?
A data breach at Coinbase has exposed personal information of approximately 70,000 customers. This incident, attributed to a bribe-based attack on a customer service agent working for TaskUs […]
Coinbase Data Breach Sparks Calls to Rethink KYC in Crypto Exchanges
A recent data breach involving Coinbase has reignited calls for a re-evaluation of Know Your Customer (KYC) requirements within the cryptocurrency industry. In December 2024, it was discovered […]
UK Crypto Users Face Stricter KYC Rules, Aiming to Combat Tax Evasion
The UK is implementing stricter KYC regulations for crypto companies starting January 2026, aiming to deter tax evasion in the digital asset sector. The move by Her Majesty’s […]
South Korea Tightens Crypto Rules for Exchanges & Nonprofits Starting June
Starting June, South Korea will enforce stricter KYC rules for crypto exchanges and nonprofits, aiming to enhance transparency and control of assets. The Financial Services Commission (FSC) mandates […]