Jan 19, 2023 | Compliance, Cryptocurrency exchanges, Regulation, Security
In the wake of all the cryptocurrency exchanges that have imploded over the past year, including most notably FTX, it should be apparent that centralized cryptocurrency exchanges are centralized financial institutions that perform the same functions that banks provide...
Sep 28, 2021 | Compliance, Cryptocurrency exchanges, Money Laundering, Regulation
This past week, the US government took action for the first time to sanction a foreign cryptocurrency exchange, Suex, in an effort to stem the tide against ransomware and cybercrime. This enforcement action puts Suex in the same category as suspected terrorists. Thus,...
Feb 27, 2020 | Cryptocurrency exchanges, Cryptocurrency Theft, DeFi, Regulation, Security
Centralized crypto exchanges have increasingly been portrayed as insecure relative to decentralized exchanges over the past few years. This is due to an abundance of hacks that have occurred including on Upbit, DragonEx, Mt. Gox, Binance, Coinbene, Cryptopia, to Fcoin...
