Cryptocurrency Analysis and News Portal
Getting crypto exchanges across the world to plug into each other and share sensitive customer data is proving to be a complex problem. Nonetheless, firms have to show real progress on this by June of this year, according to new anti-money laundering (AML) rules from global AML watchdog the Financial Action
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Crypto exchange BitMEX has published a framework of principles for how best to store additional batches of transactional provenance data, a requirement exchanges face as part of new anti-money laundering (AML) rules.In order to fall in line with the rest of the financial system, virtual asset service providers (VASPs) have
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An offline mobile map for travelers has raised $50 million in a seed-funding round led by Alameda Research.Announced Monday, the funding will go toward the launch of a multi-currency wallet on Maps.me and enable a decentralized finance (DeFi) ecosystem on the offline mobile map platform.Cryptocurrency lender Genesis Capital and institutional
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Monaker Group, which builds booking platforms for the travel industry, is venturing into tokenized assets with the indirect acquisition of Thailand’s Longroot initial coin offering (ICO) portal.The Nasdaq traded company took an “indirect controlling stake” in the entity that owns Longroot on Thursday, one day after buying up a third
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Blockchain platform ShareRing is integrating with Rakuten Travel Xchange, an online travel booking subsidiary of Japanese e-commerce giant Rakuten.The integration will mean Rakuten Travel Xchange customers can opt to use ShareRing’s self-sovereign identity app to access bookings at over 600,000 hotels and 200,000 rentals, according to an announcement WednesdayShareRing said
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The Travel Rule Protocol working group’s solution uses two simple RESTful APIs designed for querying address ownership and sending required originator and beneficiary information about digital asset transfers.The Travel Rule Protocol (TRP), a working group backed by Standard Chartered, Fidelity, ING, and about 22 other firms involved in cryptocurrency transactions
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"In China, the recovery is happening now and very fast,” said Travala.com CEO Juan Otero. Source
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A blockchain-based app aimed to make travel during the pandemic easier has been launched.The app, called ICC AOKpass, allows users to verify their COVID-19 status instantly. Dorjee Sun, CEO of blockchain firm Perlin, told CIR Magazine that ICC AOKpass "uses a common global standard that can be deployed and used
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FinTech company CoolBitX may have a solution for countries that have not yet complied with the Financial Action Task Force’s “travel rule”. According to a statement from CoolBitX shared with Cryptox on July 21, the blockchain security company announced it would be partnering with cryptocurrency forensics firm Elliptic to address anti-money
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BitGo, one of the world’s largest Bitcoin (BTC) transaction processors, is integrating a new API into its crypto wallet service to support the Financial Action Task Force’s travel rule.BitGo told Cryptox on July 14 that the company is the first wallet service to provide an in-house API solution for the
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