Cryptocurrency

AML 101: The 10 Most Common Red Flags

AML red flags are warning signs that an individual or business presents a higher risk of engaging in money laundering and other illicit financial activity. By establishing structured and consistent methods for identifying red flags, regulated businesses can optimize their AML processes and effectively meet their compliance challenges. In this article, we outline the top 10 AML red flags — and how to detect and deal with them using automated KYC solutions.

24 Mar 2023

Aml And Kyc Tool, Cryptocurrency, Fund management

Unraveling the Complexities of KYC for Digital/Crypto Wealth Funds and Custodians

Crypto wealth funds and custodians are specialized financial professionals who help individuals, businesses, and institutions manage their cryptocurrency investments. Like other regulated VASPs, they also need to implement robust and effective KYC measures as part of their AML compliance framework.

13 Feb 2023

Cryptocurrency, Market Makers

Top 20 Crypto Market Makers: A Comprehensive Guide

By providing liquidity to crypto markets, market makers play a critical role in the crypto ecosystem, allowing new exchanges and token-based projects to gain traction and and develop new offerings for the community. In this article, we take a look at 20 of the most exciting crypto market makers out there, including some established names in the game and some new, innovative entrants to the scene.

31 Jan 2023

Compliance Software, Cryptocurrency

Crypto Identity Fraud: Risks & Solutions

There are several key factors that make cryptocurrencies conducive to financial crime – and global regulators are increasingly developing new rules for the space. This article outlines some of these features and dynamics before covering how businesses can use Automated KYC solutions to protect themselves from the multiple threats of fraud, money laundering and regulatory sanctions.

16 Nov 2022

Cryptocurrency, Launchpads

Top 20 Crypto Launchpads: A Comprehensive Guide

A key driving force of the crypto space’s evolution and growth is the launchpad – and there are now many out there. Different launchpads offer different types of features and advantages to both investors and project owners. The best out there provide intuitive and customizable usability and have robust measures in place to mitigate the risk of fraud and failure. In this article, we present KYC-Chain’s Top 20 launchpads on the internet today.

23 Aug 2022

Compliance Software, Cryptocurrency, Kyc Onboarding Solution

How KYC Providers can help Crypto Companies scale

Complying with regulations doesn’t have to be an issue for crypto companies launching in new markets. In this article, we explain how KYC providers can help your crypto business scale successfully – and how to choose the right one for your business

11 Jul 2022

Compliance, Cryptocurrency, FINMA

FINMA Regulations for Crypto Companies in Switzerland

The Swiss Financial Market Supervisory Authority (FINMA) is a private, independent regulatory body with authority over various Financial Institutions, including VASPs. Crypto companies doing business in the country need to comply with FINMA regulations. In this article, we explain what those regulations are – and how to meet them efficiently with compliance software.

30 Jun 2022

Aml And Kyc Tool, Cryptocurrency, DeFi

Is KYC needed for NFTs?

As NFTs have surged in popularity, so too has the attention of regulators on the nascent scene. In the future, KYC technology will offer the most efficient solution for mitigating the risk of the space being exploited by criminals and allowing NFT marketplaces and creators to grow.

5 May 2021

Compliance, Cryptocurrency, FATF, Regulation, Travel Rule

FATF Travel Rule for VASPs: Challenges and Next Steps

In June 2019, the Financial Action Task Force (FATF) updated its Travel Rule to include VASPs. A year on, VASPs and national regulators still face many challenges in implementing the Recommendation. However, positive steps have been taken to help bring the growing sector into the regulatory fold of the broader financial industry.

18 Sep 2020