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Tag: Regulatory Compliance

Video: Kraken at Money 20/20 Europe — Keeping up with cybercriminals

At Money 20/20 Europe in Amsterdam, FinTech Futures caught up with Curtis Ting, senior managing director, global operations at crypto exchange Kraken, to discuss...

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Crypto Sleuthing Firm Chainalysis Launches ‘Sanctions Screening Tools’ for DeFi, DAOs

An on-chain oracle and a public API aim to help decentralized projects better track crypto wallets and ensure regulatory compliance.

Asia crypto custodian Hex Trust completes SOC 2 certification

Hex Trust, an Asia-based crypto-asset custodian, today announced that it has completed its SOC 2 – SOC for Service Organizations: Trust Services Criteria assessment, conducted by Deloitte. An auditing standard developed by the American Institute of Certified Public Accounts (AICPA), SOC 2 compliance affirms that Hex Trust’s information security policies, procedures, and operations meet rigorous […]

The post Asia crypto custodian Hex Trust completes SOC 2 certification appeared first on CryptoNinjas.

Binance Launches Bitfinity, a Payments Company Targeting the Web3 Economy

binance-launches-bitfinity,-a-payments-company-targeting-the-web3-economy

Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as well as for other blockchains. With this launch, Binance also targets the expanding Web3 economy, partnering with Paysafe and Checkout.com. Bitfinity Launches to Help Merchants Accept Crypto…

The post Binance Launches Bitfinity, a Payments Company Targeting the Web3 Economy appeared first on Bitcoin News Miner.

UK financial watchdog probes 300 crypto startups in 6 months

The UK's top financial watchdog says it opened 300 probes into unauthorized crypto operators between April and September last year.

The post UK financial watchdog probes 300 crypto startups in 6 months appeared first on Protos.

FTX Europe Launches in Switzerland, Emphasizing Regulatory Compliance

Sam Bankman-Fried FTX

The new operation, regulated by Cyprus Financial Market Regulator (CySEC), will focus on Europe and the Middle East

The post FTX Europe Launches in Switzerland, Emphasizing Regulatory Compliance appeared first on Blockworks.

Non-crypto natives launch social tokens to engage with community and fans

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

Social tokens could be the next big trend in crypto this year, but regulatory concerns and specific use cases remain unclear.

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

Blockdaemon adds support for the StakeWise liquid Eth2 staking product

Blockdaemon, a leading blockchain infrastructure platform, announced today it has partnered with StakeWise to deliver an institutional-grade liquid staking product for Ethereum 2.0 (Eth2). The AML compliant product limits interaction to KYC’d funds only and deploys an audited smart contract. As part of the collaboration, StakeWise will receive a strategic investment from Blockdaemon and boldstart […]

The post Blockdaemon adds support for the StakeWise liquid Eth2 staking product appeared first on CryptoNinjas.

Binance Returns To Malaysian Market Following Investment In MX Global

The world’s largest cryptocurrency exchange Binance has found its way back into the Malaysian market following an equity investment into MX Global, a fintech company [...]

Binance back in Malaysia via a strategic stake in regulated digital exchange

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Binance has forged an array of new partnerships with regulated firms, especially in countries where it has found it difficult to get regulatory approval.

FAMEEX Embracing Regulation and Compliance with New Headquarters Announcement in Australia

North Parramatta, Australia, Mar 1, 2022 - (ACN Newswire) - 2021 was a roller coaster for the cryptocurrency circle and it is not just about the value of the digital assets. The compliance standards and regulations across the globe from China to the United States have mounted huge pressure on the trading platforms. Based in city-state Singapore since its launch in late 2019, FAMEEX announced its new operational headquarters will soon move to Australia in order to continue complying with sanctions laws and regulations administered by the governments across the globe.

FAMEEX Welcomes Regulations

The young exchange FAMEEX has dedicated to providing safe and straightforward trading experience for more than two years. Despite crypto investors may not be familiar with the platform yet, FAMEEX continues to improve its products, services and campaigns with rigorous coin-listing rules and a wide range of marketing events. Strict rules show FAMEEX's commitment to a secure investment environment while the enjoyable campaigns intend to communicate the company's philosophy that crypto is here for everyone who believes in a decentralized world instead of an exclusive way to earn money for tech-savvy elites.

Taking a Collaborative Approach with Authorities

China shook up the entire crypto industry with a sweeping ban on crypto. Any form of crypto trading has been outlawed since September 2021. Prominent exchanges, including FAMEEX, then started moving out of China. These gestures signal FAMEEX's willingness to cooperate with the authorities when it comes to regulatory compliance. The exchange has taken this opportunity to examine its operation and therefore has been hunting for new headquarters for the operation team.

Seeking a New Base

As a global financial center, Singapore has branded itself as a hub for blockchain technology which is the fundamental reason why FAMEEX chose to build the operational team in the city-state. In order to continue abiding by the rules and regulations, FAMEEX then reveals its decision to wind down the operations in Singapore.

After months of consideration, FAMEEX has now decided to move to Australia as an official base of operations. FAMEEX is said to hold the license in Australia so it seems to be a rational and reasonable decision to make. As its staff revealed that all of its operations will not be affected by the move and the platform will be looking forward to providing services to more diversified investors in the coming years

About FAMEEX

The rising exchange FAMEEX started its trial operation in September 2019 and officially launched services on the 1st of January 2020. FAMEEX has dedicated to providing the safe, stable and fast trading experience for users. Since the priority of FAMEEX is security and safety, it only offers the mainstream cryptocurrencies having no exploitation concerns. Services including, grid trading, perpetual futures contract, spot trading and super commission rebate program are provided.

With a four-layer ladder encryption protection mechanism, users who trade on FAMEEX hardly need to consider the safety issue while enjoying relatively low trading fees. The basic spot trading fee is 1‰ while the futures trading fee is 0.2‰. Through constant optimizations, FAMEEX hopes to offer a more enjoyable trading journey for users who can trade straightforwardly.

Find FAMEEX on:
Official Website: https://www.fameex.com/
Twitter: https://twitter.com/FameexGlobal
Telegram: https://t.me/fameexgroup
Trade on-the-go with FAMEEX's crypto trading app (iOS/Android)

Media Contact
Brand: FAMEEX
Contact: Media team
Email: Business@mail.fameex.info
Website: https://www.fameex.com/

SOURCE: FAMEEX



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Latest in Crypto Hiring: FTX To Move Beyond Sports Marketing

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Crypto exchange’s new head of global luxury partnerships is among the space’s most recent recruits

The post Latest in Crypto Hiring: FTX To Move Beyond Sports Marketing appeared first on Blockworks.

CeFi Meets DeFi as Celsius Joins Forces with Maple Finance on Crypto Lending Protocol

Celsius is the first centralized lender on Maple Finance's platform.
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