Crypto News
ZK Proofs Enable Defi Platforms to Meet Regulatory Requirements Without Compromising User Data, Says Ex-FCA Regulator
Diana Tlupova, Head of Compliance at Nexera ID, has argued players in the decentralized finance (defi) space can stay ahead of regulators who might want to impose stringent Know-Your-Customer (KYC) rules by using zero-knowledge (zk) proofs to authenticate user credentials. Tlupova contends that, in addition to allowing users to maintain control over their KYC data,Source link
Crypto Ties To Terrorism ‘Overstated’ But Regulation Is Needed, Experts Tell Congress
“Crypto is compliance on steroids,” said one Coinbase executive, crediting blockchains for their critical transparency.Source link
U.S. Regulators Do Have Some Control Over Stablecoin Tether: JPMorgan
USDT's appeal relative to other stablecoins will likely diminish as regulations will require more transparency and compliance with new anti-money laundering standards, the report said.Source link
Private Jet Pyjama Party, Rug Radio and Decrypt to Bring the Vibes in Paris
As part of a long-term partnership, Rug Radio and PJPP will be hosting R HAUS, a collaborative space for creators in Paris.Source link
Chainalysis Report: Crypto Value Sent From Illicit Addresses Dropped by Nearly $10 Billion in 2023
According to Chainalysis’ report on money laundering trends, the value of crypto transferred by illicit addresses in 2023 fell by nearly $10 billion from $31.5 billion to the latest $22 billion. The report attributes the drop to the overall decline in both legitimate and illicit crypto transaction volumes in 2023. An analysis of services usedSource link