How FATF’s Crypto Travel Rule Affects Crypto Transactions and Crypto Businesses in the UK

The information in this article is based on a recently released guide — titled “Crypto Travel Rule in United Kingdom by the Financial Conduct Authority (FCA)” — from RegTech startup Notabene. The United Kingdom has proactively engaged with the crypto industry, partnering with experts and regulators to establish an evidence-based regulatory framework. The Financial Conduct…

Leading Crypto Data Platform CoinMarketCap Launches Proof of Reserve Tracker

A new feature released by leading crypto price-tracking site CoinMarketCap reveals more data about crypto exchanges’ reserves — the assets that enable a company to cover potential withdrawals by customers. With the contagion of FTX’s highly damaging collapse continuing to spread, and Proof-of-Reserves being touted as a needed failsafe against future incidents, the website’s move…