KYC News

KYC

Know Your Customer is a collective term for the processes which companies employ in order to confirm their customers' real identities. KYC may also be used to refer to government regulations outlining these processes. The purpose of maintaining KYC policies is to prevent such crimes as financial fraud, identity theft, money laundering and terrorism financing.

Chinese Bitcoin Exchanges Demand Users to Explain Sources of Funds

MAR 21, 2017 | Joseph Young

Chinese Bitcoin exchanges have begun to demand users to provide detailed information on the origin of their funds and how they intend to use the funds they acquire.

5725 | 5

Trace Mayer Wants Bitcoin to Go Dark in 2017 for Price to Spike

DEC 06, 2016 | Olusegun Ogundeji

Expert wants Bitcoin encrypted for investors in AML/KYC startups to lose their investments.

3989 | 6

In the Blockchain Game, Reaction Time is a Fundamental Competitive Advantage

NOV 20, 2016 | Nick Ayton

In a Blockchain world, the ‘first mover’ matters as there is no time to be second.

2354

Bitcoin Exchange Coin.mx Opereator Released on $75,000 Bond

NOV 16, 2016 | Joseph Young

Second Tampa Bay man has been charged for conspiracy and operating an unlicensed money transmitting venture; Ricardo Hill was released on a US$75,000 bond.

6739

Trump-Connected Billionaire Peter Thiel: Bitcoin Threatens Fiat, Tax Authorities Can’t Break Codes

NOV 15, 2016 | Joseph Young

Peter Thiel, worth of US$2.7 billion and involved in Trump’s transition team, speaks of the threat bitcoin has on fiat money and the financial freedom it grants to its users.

9564 | 4

IBM’s Next Step in Launching One of the World’s Largest Blockchain Implementations?

NOV 14, 2016 | Olusegun Ogundeji

IBM partners Singaporean startup to launch a Blockchain project that will reduce bank's time and cost on KYC.

3983

Moneygram CEO: “The More We Know About You, The Easier It Is to Send Money”

OCT 28, 2016 | Joseph Young

In an interview with Cointelegraph, Alex Holmes, Moneygram CEO, cited importance of KYC (Know Your Customer) regulations and user verification.

1607 | 2

Blockchain Could Have Prevented The Wells Fargo Scam

SEP 22, 2016 | Iyke Aru

Wells Fargo scam was possible due to non-transparent data management. Could implementation of the Blockchain have helped?

2179 | 1

Centralized Exchanges are “Honeypots for Thieves”, Says Expert

AUG 09, 2016 | Olusegun Ogundeji

Hackers exploit the middleman in centralized exchanges which is a central point of failure. CoinTelegraph spoke to Mihail Mihaylov, Bitsquare’s Chief Decentralist, about the matter.

1446

Evolve or Perish say Bain & Company to Banks on Using Bitcoin Blockchain

JUL 28, 2016 | Shivdeep Dhaliwal

Banks are not moving fast enough to adopt the Blockchain and this may lead to their quick demise.

2847 | 2

Coinbase Asks Users for LinkedIn Info, Citing “Know Your Customer” Policy

APR 01, 2016 | Charlie McCombie

The popular Bitcoin exchange and wallet provider, Coinbase, has begun asking for LinkedIn information as part of their ‘Know Your Customer’ programme

836

GreenCoinX Launches Safe Exchange To Defy Terrorists

MAR 24, 2016 | Iyke Aru

GreenCoinX has announced the launch of its affiliated cryptocurrency exchange, SiiCrypto, to meet government standards and alleviate concerns about crooks and terrorists.

600

Brussels Attacks Put Bitcoin Under Scanner, But Fiat Cash Rules the Terror

MAR 22, 2016 | Shivdeep Dhaliwal

March 22nd’s morning saw an attack on Brussels, Belgium killing at least 34 people. Will virtual currencies be increasingly under the scanner as a result?

3053

European Council’s Bitcoin Regulation: Blessing or Curse?

FEB 21, 2016 | Iyke Aru

The regulation of virtual currencies by the European Council creates unduly burden on exchanges, but at the same time adds legitimacy to Bitcoin and other cryptocurrencies.

2653

Banks Are Finally Openly Fighting Bitcoin In Australia And USA

JAN 10, 2016 | Marco E. G. Maltese

Michaela Juric, aka Bitcoin Babe, an Australian based Bitcoin trader, has seen one of her bank accounts abruptly shut down after selling around $10000 of Bitcoin, on claims of fraud from the bank.

823

Trump-Connected Billionaire Peter Thiel: Bitcoin Threatens Fiat, Tax Authorities Can’t Break Codes

NOV 15, 2016 | Joseph Young

Peter Thiel, worth of US$2.7 billion and involved in Trump’s transition team, speaks of the threat bitcoin has on fiat money and the financial freedom it grants to its users.

9564 | 4

Bitcoin Exchange Coin.mx Opereator Released on $75,000 Bond

NOV 16, 2016 | Joseph Young

Second Tampa Bay man has been charged for conspiracy and operating an unlicensed money transmitting venture; Ricardo Hill was released on a US$75,000 bond.

6739

Chinese Bitcoin Exchanges Demand Users to Explain Sources of Funds

MAR 21, 2017 | Joseph Young

Chinese Bitcoin exchanges have begun to demand users to provide detailed information on the origin of their funds and how they intend to use the funds they acquire.

5725 | 5

Trace Mayer Wants Bitcoin to Go Dark in 2017 for Price to Spike

DEC 06, 2016 | Olusegun Ogundeji

Expert wants Bitcoin encrypted for investors in AML/KYC startups to lose their investments.

3989 | 6

IBM’s Next Step in Launching One of the World’s Largest Blockchain Implementations?

NOV 14, 2016 | Olusegun Ogundeji

IBM partners Singaporean startup to launch a Blockchain project that will reduce bank's time and cost on KYC.

3983

Brussels Attacks Put Bitcoin Under Scanner, But Fiat Cash Rules the Terror

MAR 22, 2016 | Shivdeep Dhaliwal

March 22nd’s morning saw an attack on Brussels, Belgium killing at least 34 people. Will virtual currencies be increasingly under the scanner as a result?

3053

Evolve or Perish say Bain & Company to Banks on Using Bitcoin Blockchain

JUL 28, 2016 | Shivdeep Dhaliwal

Banks are not moving fast enough to adopt the Blockchain and this may lead to their quick demise.

2847 | 2

European Council’s Bitcoin Regulation: Blessing or Curse?

FEB 21, 2016 | Iyke Aru

The regulation of virtual currencies by the European Council creates unduly burden on exchanges, but at the same time adds legitimacy to Bitcoin and other cryptocurrencies.

2653

In the Blockchain Game, Reaction Time is a Fundamental Competitive Advantage

NOV 20, 2016 | Nick Ayton

In a Blockchain world, the ‘first mover’ matters as there is no time to be second.

2354

Blockchain Could Have Prevented The Wells Fargo Scam

SEP 22, 2016 | Iyke Aru

Wells Fargo scam was possible due to non-transparent data management. Could implementation of the Blockchain have helped?

2179 | 1

Moneygram CEO: “The More We Know About You, The Easier It Is to Send Money”

OCT 28, 2016 | Joseph Young

In an interview with Cointelegraph, Alex Holmes, Moneygram CEO, cited importance of KYC (Know Your Customer) regulations and user verification.

1607 | 2

Centralized Exchanges are “Honeypots for Thieves”, Says Expert

AUG 09, 2016 | Olusegun Ogundeji

Hackers exploit the middleman in centralized exchanges which is a central point of failure. CoinTelegraph spoke to Mihail Mihaylov, Bitsquare’s Chief Decentralist, about the matter.

1446

Coinbase Asks Users for LinkedIn Info, Citing “Know Your Customer” Policy

APR 01, 2016 | Charlie McCombie

The popular Bitcoin exchange and wallet provider, Coinbase, has begun asking for LinkedIn information as part of their ‘Know Your Customer’ programme

836

GreenCoinX Launches Safe Exchange To Defy Terrorists

MAR 24, 2016 | Iyke Aru

GreenCoinX has announced the launch of its affiliated cryptocurrency exchange, SiiCrypto, to meet government standards and alleviate concerns about crooks and terrorists.

600

Banks Are Finally Openly Fighting Bitcoin In Australia And USA

JAN 10, 2016 | Marco E. G. Maltese

Michaela Juric, aka Bitcoin Babe, an Australian based Bitcoin trader, has seen one of her bank accounts abruptly shut down after selling around $10000 of Bitcoin, on claims of fraud from the bank.

823

Trace Mayer Wants Bitcoin to Go Dark in 2017 for Price to Spike

DEC 06, 2016 | Olusegun Ogundeji

Expert wants Bitcoin encrypted for investors in AML/KYC startups to lose their investments.

3989 | 6

Chinese Bitcoin Exchanges Demand Users to Explain Sources of Funds

MAR 21, 2017 | Joseph Young

Chinese Bitcoin exchanges have begun to demand users to provide detailed information on the origin of their funds and how they intend to use the funds they acquire.

5725 | 5

Trump-Connected Billionaire Peter Thiel: Bitcoin Threatens Fiat, Tax Authorities Can’t Break Codes

NOV 15, 2016 | Joseph Young

Peter Thiel, worth of US$2.7 billion and involved in Trump’s transition team, speaks of the threat bitcoin has on fiat money and the financial freedom it grants to its users.

9564 | 4

Moneygram CEO: “The More We Know About You, The Easier It Is to Send Money”

OCT 28, 2016 | Joseph Young

In an interview with Cointelegraph, Alex Holmes, Moneygram CEO, cited importance of KYC (Know Your Customer) regulations and user verification.

1607 | 2

Evolve or Perish say Bain & Company to Banks on Using Bitcoin Blockchain

JUL 28, 2016 | Shivdeep Dhaliwal

Banks are not moving fast enough to adopt the Blockchain and this may lead to their quick demise.

2847 | 2

Blockchain Could Have Prevented The Wells Fargo Scam

SEP 22, 2016 | Iyke Aru

Wells Fargo scam was possible due to non-transparent data management. Could implementation of the Blockchain have helped?

2179 | 1

European Council’s Bitcoin Regulation: Blessing or Curse?

FEB 21, 2016 | Iyke Aru

The regulation of virtual currencies by the European Council creates unduly burden on exchanges, but at the same time adds legitimacy to Bitcoin and other cryptocurrencies.

2653

Bitcoin Exchange Coin.mx Opereator Released on $75,000 Bond

NOV 16, 2016 | Joseph Young

Second Tampa Bay man has been charged for conspiracy and operating an unlicensed money transmitting venture; Ricardo Hill was released on a US$75,000 bond.

6739

GreenCoinX Launches Safe Exchange To Defy Terrorists

MAR 24, 2016 | Iyke Aru

GreenCoinX has announced the launch of its affiliated cryptocurrency exchange, SiiCrypto, to meet government standards and alleviate concerns about crooks and terrorists.

600

Centralized Exchanges are “Honeypots for Thieves”, Says Expert

AUG 09, 2016 | Olusegun Ogundeji

Hackers exploit the middleman in centralized exchanges which is a central point of failure. CoinTelegraph spoke to Mihail Mihaylov, Bitsquare’s Chief Decentralist, about the matter.

1446

IBM’s Next Step in Launching One of the World’s Largest Blockchain Implementations?

NOV 14, 2016 | Olusegun Ogundeji

IBM partners Singaporean startup to launch a Blockchain project that will reduce bank's time and cost on KYC.

3983

In the Blockchain Game, Reaction Time is a Fundamental Competitive Advantage

NOV 20, 2016 | Nick Ayton

In a Blockchain world, the ‘first mover’ matters as there is no time to be second.

2354

Brussels Attacks Put Bitcoin Under Scanner, But Fiat Cash Rules the Terror

MAR 22, 2016 | Shivdeep Dhaliwal

March 22nd’s morning saw an attack on Brussels, Belgium killing at least 34 people. Will virtual currencies be increasingly under the scanner as a result?

3053

Coinbase Asks Users for LinkedIn Info, Citing “Know Your Customer” Policy

APR 01, 2016 | Charlie McCombie

The popular Bitcoin exchange and wallet provider, Coinbase, has begun asking for LinkedIn information as part of their ‘Know Your Customer’ programme

836

Banks Are Finally Openly Fighting Bitcoin In Australia And USA

JAN 10, 2016 | Marco E. G. Maltese

Michaela Juric, aka Bitcoin Babe, an Australian based Bitcoin trader, has seen one of her bank accounts abruptly shut down after selling around $10000 of Bitcoin, on claims of fraud from the bank.

823