July 21, 2022 – BitAML is excited to announce the launch of the ACFCS (Association of Certified Financial Crime Specialists), “Crypto Compliance Specialization.” Launched at the Crypto Compliance Symposium this morning in San Francisco, CA; the Crypto Compliance Specialization is the result of an amazing team effort by financial crime experts at BitAML, Chainalysis, ACFCS…
Update – Ukrainian President Volodymyr Zelenskyy legalized crypto in Ukraine by signing into law a bill on virtual assets. The bill was signed into law on March 16, 2022. It allows for foreign and Ukrainian cryptocurrencies to operate legally and allow banks to open accounts for crypto companies. Since the war broke out, crypto has…
A U.S. bankruptcy court judge on Wednesday declared that certain users of Celsius Network CEL/USD were entitled to get their deposits back. What Happened: U.S. bankruptcy judge Martin Glenn was presiding over the crucial inquiry of who holds the cryptocurrency assets that were lodged with Celsius, Bloomberg reported. “I want this case to move forward,” Glenn reportedly said. “I want creditors…
U.S. House Financial Services Committee Chair Rep. Maxine Waters (D.Calif.) said that a subpoena is “definitely on the table” for former FTX CEO Sam Bankman-Fried, who has been asked to appear at a Dec. 13 hearing to investigate the collapse of the cryptocurrency exchange. What Happened: On Wednesday, Waters tweeted that lies were being spread…
Back in February 2021, BitAML wrote a blog titled: CFPB: Consumer protection is ramping up in crypto – where we discussed how consumer protection was fast becoming a point of emphasis for regulators within the crypto space. If you did not heed our advice then, now is the time to take a look at your…
Facebook decided to indulge itself into the cryptocurrency business and was originally going with the name Libra Coin for its online currency, but it has recently rebranded itself as Diem Coin. Similar to what they did with their wallet app initially branded as Calibra, which was dismissed and is now known as Novi Wallet. But…
Elon Musk announced via his Twitter account that a Tesla can now be bought using Bitcoin (BTC) on March 24, 2021. Elon Musk was constantly tweeting about cryptocurrencies since past few months. Which, of course, caused instability and fake pumps in the value of some cryptocurrencies like DogeCoin. This particular news of accepting crypto as a way…
Don’t Panic! Follow These 4 Steps to Recover Lost Crypto Cryptocurrency has become a popular way to invest money and make a profit. However, with great rewards come great risks, and one of the biggest risks associated with cryptocurrency is the possibility of losing it. Whether it’s due to human error or technical issues, losing…
Facebook-backed cryptocurrency Diem (formerly called Libra) is going to be launched later this year. In a recent interview, the chief economist and co-creator of Diem Christian Catalini explained some of the key steps and features of the coin. In the past, a lot of changes took place due to criticism and scrutiny of the coin.…
If you live under a rock, you may not have heard about Utopia Ecosystem. For those Utopia was launched 2 years back, Utopia offers decentralized peer to peer ecosystem with integral cryptocurrency currency known as Crypton which is traded on public exchanges and on a dedicated integrally hosted exchange aswell. The 1984 Group, have developed…
Telegram Crypto Dump To Reveal True Faces of Many Influencers A throwaway Twitter account was created a few hours back and it made some big claims which can reveal the true identities and agendas of Crypto influencers. If the claims are held up then we may see what our favorite crypto influencers talk about their…
ZRX protocol has made a remarkable imprint on the audience five years since it was formed, providing an open protocol that allows for low-friction peer-to-peer token trading on the Ethereum blockchain. Since 2017, the platform has steadily increased its market share and now supports a variety of networks, including Ethereum, BSC, and Polygon. Nowadays, over…
get your money back from a fraudulent broker? There is a lot of advice on the internet about how a trader can identify a good broker and avoid a racket, and how you can actually get your money back from a fraudulent broker but very little of it to teach someone how to recover their…
Advanced technology allows exciting and new platforms to exist. One such platform is PancakeSwap which utilizes a CAKE token and is also the first decentralized exchange on the Binance Smart Chain (BSC). This decentralized exchange (DEX) enables you to swap tokens known as BEP-20 built on the Binance Smart Chain. In addition, PancakeSwap makes good…
The cryptocurrency sector has created a lucrative investment opportunity for many people. Some are active in trading crypto, while others are into crypto HODLing and liquidity provision. Still others provide services such as cryptocurrency exchange. The basics of crypto investment are buying and selling. And the main focus right now will be selling crypto for…
