TRISA Launches Travel Rule Testnet to Support Cryptocurrency Exchanges and Other VASPs in Continuing Operations Under Increasingly Strict Compliance Regimes
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TRISA s Open-Source MVP and Testnet Enables Exchanges to Securely Share Sensitive Transaction Details to Comply with Travel Rule Regulations.
TRISA s open-source MVP and Testnet give VASPs an opportunity to validate the compliance solution safely with test data MENLO PARK, Calif. (PRWEB) February 18, 2021 The Travel Rule Information Sharing Alliance (TRISA.io) released its minimum viable product (MVP), a major upgrade to the open-source architecture enabling VASPs to test securely sharing the cryptocurrency transaction details required to meet the FATF and FinCEN s Travel Rule requirements.
An Overview About Privacy Coins in 2021: What’s Ahead?
Reading Time: 6min read
Maybe some people still believe it, but Bitcoin isn’t really anonymous. Indeed, isn’t anonymous at all: all the transactions in this currency are recorded in a public and widely-available-online ledger. Tracking the funds and the parties behind them isn’t that hard, and that’s why privacy coins were created.
The privacy coins are cryptocurrencies with in-design functionalities for higher privacy. Some of them are private by default, while others let the users decide if they want to activate the functionality or not. Some known privacy coins so far are Monero (XMR), Zcash (ZEC), Grin (GRIN), Zcoin (XZC), Verge (XVG), and even John McAfee’s crypto Ghost (GHOST).
Click HERE to find out ⭐ Digital Assets Platform Fireblocks Joins Forces With Payments Platform First to Launch Institutional Diem Infrastructure for Virtual Asset Service Providers. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Guide: A complete low-down on crypto-currency regulation in India
February 9, 2021
The Indian government is contemplating introducing legislation to ban crypto-currency trading, mining and investments in the country. At the same time the proposed legislation will pave the way for the Reserve Bank of India (RBI) to create a Central Bank-backed Digital Currency (CBDC). While the government’s decision to ban crypto-currency trading in India is still at an incipient stage, the final contours of the bill would depend on industry consultations and stakeholder feedback.
Here is a complete guide to crypto-currency regulation in India.
Evolution of domestic crypto-industry
Prior to the RBI’s April 2018 circular, which barred the banking system from providing services to crypto-firms in India, the crypto-industry was fairly un-regulated and represented a ‘free market’ in many respects. Once the RBI circular came into play, several companies facilitating crypto-trading had to shut
First published by Global fund media, february 2021: cayman
islands fund services, in focus 2021
In this article, Christian Victory, Sailaja Alla, Jennifer
Parsons and Peter Colegate discuss some of the key regulatory
changes in Cayman and explain how Appleby has pivoted its own
service offerings to respond to these challenges and to ensure the
firm continues to meet client demands.
Despite an unprecedented number of new regulations being
introduced into the Cayman Islands over the past 18 months, the
jurisdiction has shown itself to be remarkably resilient, with the
Islands funds industry in particular rising to the challenge
and demonstrating its adaptability and flexibility.