Most Crypto Exchanges Still Don’t Have Clear KYC Policies: Report – CoinDesk
A global study of 216 exchanges found 69% of them do not have complete and transparent KYC procedures. It also found that only 26% had a “high” level of AML procedures.
tags: Liquidity CryptoAssets AMLCFT Blog
Ethereum Price Loses Luster as Bitcoin Alternative Drops – Bloomberg
EOS, Tron surpass Ethereum in popularity with many developers. Some startups are now issuing tokens on competing networks
Corda Blockchain Trade Finance Platform Marco Polo Sees First Transactions
Blockchain consortium R3’s trade finance platform Marco Polo has completed its first real transactions. Marco Polo, which is built on R3 enterprise blockchain platform Corda, successfully facilitated a trade between Germany and China, involving two German firms.
tags: Corda R3 Fintech Blockchain Blog
An Update On The Regulation Of Cryptoassets – Fin Tech
tags: Fintech Regulation Blog
First Quarter IBOR Update: Time to Evaluate Fallback Plans – TabbFORUM
The Dec. 31, 2021, deadline for replacing the various interbank offered rates may appear to be a long way off, but it keeps getting closer. During the first quarter of 2019, there was some global progress on the replacement of the reference rates and a few developments to report, but progress isn’t nearly fast enough.
RBI using suptech to oversee rapidly growing fintech sector – Das – Central Banking
The Reserve Bank of India is drawing on new technology to support its supervision as it looks to keep up with the proliferation of fintech firms in the country, governor Shaktikanta Das said in recent remarks.
Cryptocurrency platforms DragonEx and CoinBene disclose hacks | ZDNet
Two cryptocurrency exchange portals, DragonEx and CoinBene, have disclosed hacks this week and have both gone into maintenance mode to investigate and improve their infrastructure. DragonEx is believed to have lost over $1 million worth of cryptocurrency, while CoinBebe’s losses are estimated at over $45 million, according to industry observers
tags: Liquidity CyberRisk Blog CryptoAssets