Know Your Customer: The Cryptocurrency Identity Crisis

Know your customer. Surging popularity aside, cryptocurrency has encountered an identity crisis. We have produced an industry scorecard for digital ID verification for know your customer (KYC) and anti-money laundering (AML). 68% of crypto exchanges and wallets fail to conduct proper identity checks meaning that criminals and Politically Exposed Persons can trade freely. These challenges…

Cryptocurrencies and future regulatory requirements

In a two-part investigation, John Devlin assesses the global discussion around regulating cryptocurrencies and where governments and financial regulatory bodies around the world may position themselves regarding the issue. Where has regulatory activity actually translated into action amongst crypto service providers? Read Part I: Cryptocurrencies and future regulatory requirements >> Read Part II: The future…