Achieving full-cycle anonymity for whistleblowers by paying the reward in crypto
Newsroom 23/04/2021 | 16:38
Romania leads most European Union (EU) nations in the adoption of the EU Whistleblower Directive with strong support of Minister of Justice, Stelian Ion, and Member of Parliament, Sebastian Burduja, who attracted the assistance of numerous whistleblower experts from both the United States and Europe. This week, they continued to demonstrate their undeterred interest for a smooth implementation of the directive to include anonymity, protection and rewards by participating at the 18
th edition of the Tax, Law, and Lobby: Whistleblower Focus Conference. The conference was held on April 20
RIDDLE&CODE FinTech Solutions: Leading Dutch crypto exchange LiteBit partners with RIDDLE&CODE to pave the way towards regulatory compliance and launch the next generation of crypto services finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Crystal Expands Blockchain Coverage & Crypto AML Compliance Solutions
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AMSTERDAM, April 7, 2021 /PRNewswire/ Regulations from the Financial Action Task Force (FATF) and the 6th Anti-Money Laundering Directive (6AMLD), mean that cryptocurrency services, and businesses exposed indirectly to cryptocurrencies, need to get compliant. By integrating Crystal analytics alongside existing AML/CFT procedures businesses can manage crypto risk and comply with new legislation.
Here s how Crystal Blockchain s tools help companies adhere to requirements:
Risk identification for known blockchain entities.
Transaction monitoring for entities and addresses.
Entity connections and geographical tracing.
Understanding interactions to mitigate risk.
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Regulators are not on the same page when it comes to applying the “Travel Rule” to digital assets. That’s stifling growth in the crypto industry and opening the door to bad actors.
On January 7th of this year, the value of the cryptocurrency market surpassed USD$1 trillion for the first time ever. Six weeks later on February 19, bitcoin, perhaps the best-known cryptocurrency, exceeded the USD$1 trillion mark on its own.
The remarkable speculation of crypto markets is not surprising given the strong inroads digital assets have made into domains once exclusive to fiat currency. Today bitcoin (and other popular cryptos, such as ethereum, ripple, and tether) are increasingly accepted as payment for a variety of products and services or as means to execute intra- and cross-border currency transfers. Retail banks are testing cryptos as an exchange method and as an asset class offered to their customers, while a growing n
Crystal Expands Blockchain Coverage & Crypto AML Compliance Solutions finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.