Precious metals, NFTs and KYC compliance

The precious metals market has a history stretching back thousands of years. More recently, innovative businesses have been finding ways to use modern technology to optimize and improve this age-old asset class. In this article, we take a look at how some innovative projects and companies are using blockchain technology to back ownership of precious metals – and how Automated KYC is being used to make the sector more secure against fraud and threat of money laundering.

19 Jan 2023

New FATF Rules: KYC Technology is Critical for Compliance

In this month’s update, we’ll be taking a look at a major topic we covered in our Knowledge Base: the FATF’s updated draft guidance – and who and what may be affected by it.

30 Apr 2021

First Look: Updated FATF guidance proposals for VASPs

Global regulatory body the Financial Action Task Force (FATF) has released its updated draft guidance for VASPs. Proposing expanded definitions and methods for the regulation of Virtual Assets (VAs) and VASPs, it has asked stakeholders in the VA/VASP industry to provide feedback on the proposals as part of its mission to create a robust regulatory approach.

31 Mar 2021