The biggest scams in the cryptocurrency ecosystem in 2020

This article was published in French on February 28th, 2021: https://www.cointribune.com/actualites/les-plus-grands-scams-de-lecosysteme-crypto-en-2020/  Although cryptocurrencies are revolutionizing traditional financial systems, they are also used for scams such as Ponzi schemes, ransomware and high-yield investments. Take the well-known example of PlusToken. This Ponzi pyramid allowed its creators to steal several billion in crypto »

Swiss Parliament approves new DLT Regulations notably for crypto-based assets

The New Swiss Blockchain DLT Laws have been approved by the Swiss Parliament on 25 September 2020. Finalised last week, laws are expected to come into effect in early 2021: What is important to know? A specific category of tokenised rights named “Uncertificated Register Securities” regarding security token issuers; A »

The Ultimate Guide for implementing a RBA based on FATF latest guidelines on virtual assets indicators

Implement a risk-based approach to comply with the source of funds & transaction monitoring requirements according to FATF Virtual Assets Red Flag Indicators report for ML/TF. Download here: https://scorechain.com/FATF-redflag-indicators-report Cryptocurrencies and digital assets have raised many concerns for regulators over the past few years. With increasing usage and increasing business opportunities for many industries, »

Can Compliance and AML Software Improve Cryptocurrency Business Sustainability?

This article was published on the Cointelegraph website on July 22, 2020. Read the original article here: https://cointelegraph.com/news/can-compliance-and-aml-software-improve-cryptocurrency-business-sustainability Cryptocurrency businesses are facing increasing challenges as new regulations are introduced globally, which is changing the face of the industry and forcing companies to search for effective solutions. Anti-Money Laundering and Combatting the »