5AMLD puts an end to cryptocurrency anonymity blog

5AMLD puts an end to cryptocurrency anonymity

The Fifth Anti-Money Laundering Directive must be implemented by EU member states by January 2020. Many financial processes and sectors are affected, but here we will talk about how cryptocurrency businesses will have to increase ownership transparency. 

We will also let you know how we can help, through our online global identity verification tools.  

Can Crypto theft and fraud be prevented

Can Crypto Theft & Fraud Be Prevented?

A recent research study carried out by CipherTrace has revealed that an astonishing $1.7 billion of cryptocurrency was obtained by illicit means in 2018.

With over 1,500 cryptocurrencies in existence, and billions of dollars being bought and sold on crypto exchanges, there are a plethora of opportunities for fraudsters to illicitly use the currency.

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