Millions are spent annually on Know Your Customer (KYC) and anti-money laundering (AML) procedures as businesses strive to confirm identities and fight money laundering....

This is an opinion editorial by Alexandria, a citizen of Zimbabwe and a second year business administration student at Liaoning Shuhua University in China.Have...

Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted. Amid Ongoing War in Ukraine, Deutsche Bank Pulls Out of Russia Deutsche Bank,…

The post Deutsche Bank to Exit Russia, Says There Will Be No New Business There appeared first on Bitcoin News Miner.

Russia's unprovoked war on Ukraine is shaking up crypto in unprecedented ways.

Using Crypto Tech to Promote Sanctions ComplianceBy Paul Grewal, Chief Legal OfficerCoinbase is committed to building a safe and responsible financial system that promotes...

Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted in an interview that the company received legal advice about the situation and the Animoca executive compared the newly sanctioned Russia to North Korea. Animoca […]

Crypto gaming startup Animoca Brands worries it could be cut off from the financial system if it doesn't block Russia-based users.

The post Crypto exec likens Russia to North Korea, blocks users over sanctions appeared first on Protos.