1MDB – The Financial Scandal that Rocked Malaysia
The 1MDB scandal caught international media attention for its sheer size and brazenness – involving Malaysia’s then-Prime Minister Najib Razak and the disappearance of $700 million.
19 Sep 2019
Crypto custodians play an essential role in the global crypto ecosystem, securely storing digital assets for their customers. Due to the sensitivity of their business, they need to establish strong and secure anti-fraud measures in order to carefully vet their customers, and they are also subject to regulations that require them to carry out robust KYC and AML. This article takes a look at what those responsibilities are — and how they can be realized using Automated KYC.