Word Travels Fast: Venezuela Is On Fire While the UK Plans to Fire

Bitfinex challenges insolvency rumors, crypto taxation development in Ukraine, Venezuela hits new record, Binance donates listing fees, Coinfloor slashes jobs

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Binance Partners with IdentityMind to Enhance Compliance and Data Security Measures

PALO ALTO, Calif., Mar. 26, 2019 /PRNewswire-PRWeb/ --  IdentityMind, a risk management and RegTech compliance platform with Know Your Customer (KYC) and Anti-Money Laundering (AML) services ('Digital Identities You Can Trust'), announced today its partnership with Binance, the world's leading cryptocurrency exchange by trading volume and users. As part of a joint mission to help raise the industry's standard, Binance and IdentityMind have begun undertaking steps to improve existing data protection and compliance measures for Binance's global operations. "The partnership between Binance and IdentityMind further strengthens our compliance capabilities and our commitment to re-invest in the blockchain ecosystem and grow it," said Samuel Lim, Chief Compliance Officer of Binance. "We continue to evolve and enhance security systems while adhering to regulatory mandates in the countries we operate in. The goal is to foster greater trust among financial institutions worldwide." IdentityMind's platform enables digital currency exchanges to comply with KYC and AML regulations worldwide. IdentityMind's risk and compliance platform is the only real-time onboarding, transaction monitoring, ...Full story available on Benzinga.com
Benzinga

Yahoo! Japan Enters Crypto Despite Bear Market, Plans May 2019 Launch of Bitcoin Exchange

Taotao, a crypto exchange based in Japan, is planning to launch in May with the approval of Japanese authorities. According to a CNBC report in April 2018, Yahoo! Japan said that it will acquire a 40 percent stake in BitARG Exchange Tokyo, which has since reportedly been rebranded to Taotao. “Yahoo Japan Corp said on Friday it would buy a minority stake in a Tokyo-based cryptocurrency exchange, becoming the latest major Japanese financial services provider to shrug off security concerns and join the digital money industry,” the report read. Prior to that, in March 2018, CCN reported that Yahoo! Japan The post Yahoo! Japan Enters Crypto Despite Bear Market, Plans May 2019 Launch of Bitcoin Exchange appeared first on CCN
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