Regulatory measures continue to wreak havoc on smaller cryptocurrency firms. Simplecoin, a social crypto mining platform, is shutting down in early January of 2020. Several crypto firms have been forced to take drastic action in recent weeks. The End is Nigh for Simplecoin Simplecoin simply follow suit in this regard. […]
Tag: AML
The US Is Sending Money Offshore by Bumbling Crypto Regulation
Regulation is still a contentious subject that splits the crypto community down the middle. But after all the abuses witnessed to date, it’s hard to swallow the argument that the industry needs no regulating at all. That it will stifle innovation and kill off the beautiful utopia created by… hacks […]
Tezos Foundation Announces Investor KYC and AML Procedure One Year After Raising Money
Even though it appears the Tezos team has successfully addressed most of the problems holding the project back, more controversy looms on the horizon. More specifically, the team has made it clear they will perform thorough KYC and AML checks for all investors. It’s a remarkable decision, considering that those […]