Category: KYC

HSBC becomes first foreign entity onboarded to Dubai’s KYC blockchain

HSBC becomes first foreign entity onboarded to Dubai’s KYC blockchain

HSBC plans to improve the KYC process for local investors and corporate clients by leveraging blockchain technology. 2212 Total views 7 Total shares Global banking giant HSBC has announced that it has been successfully onboarded to the regional Know-Your-Customer (KYC)-focused private blockchain backed by Dubai’s government. HSBC is the first overseas, and fourth founding member, […]

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Hybrid DEX/CEX exchange Cryptocurrencies.Ai raises $8 million, taps Binance liquidity

Hybrid DEX/CEX exchange Cryptocurrencies.Ai raises $8 million, taps Binance liquidity

A feature-rich DEX hopes to lure traders in with new tools and liquidity via Binance. 5178 Total views 10 Total shares Alameda Research’s latest investment is aiming to build some tricky bridges between decentralized and centralized systems. On Thursday, Cryptocurrencies.Ai (CCAI) announced a $8 million raise led by Alameda Research, DFG, Rarestone Capital and half […]

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Crypto.com to use CipherTrace tool to comply with FATF’s travel rule

Crypto.com to use CipherTrace tool to comply with FATF’s travel rule

Crypto.com has chosen CipherTrace’s specialized compliance tool to help it fulfill the complex requirements of the FATF’s industry-shaping “travel rule.” 13022 Total views 47 Total shares Crypto.com — the creator of a cryptocurrency exchange, wallet, debit card program and crypto app — is strengthening its compliance toolkit by implementing a commercial solution developed by crypto […]

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Dubai’s economic department to roll out blockchain-based corporate KYC

Dubai’s economic department to roll out blockchain-based corporate KYC

Dubai’s Department of Economic Development wants to accelerate the total adoption of UAE KYC — the national Know Your Customer standard running on blockchain technology. 7855 Total views 31 Total shares Dubai’s Department of Economic Development, or “Dubai Economy,” and the Dubai International Financial Centre are working to expand their Know Your Customer platform to […]

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