ING

The Fight for Financial Freedom

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Time Stamp: July 10, 2023 5:31 AM - Modified On: July 10, 2023 - Published By:
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Republished By Plato

As the grasp of regulators tightens on the global cryptocurrency market, exchanges such as KuCoin are being compelled to implement mandatory pre-purchase checks. In tandem, several prominent banks are limiting funds transferred to cryptocurrency exchanges under the guise of protecting customers from fraudulent activities. In the background, the Financial Action Task Force (FATF) is looming over these rapidly evolving regulations. The FATF underscores the significance of Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), and Anti-Money Laundering (AML) regulations applicable to all financial transactions, cryptocurrencies included.

ING spins out Pyctor digital assets technology to GMEX Group

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Time Stamp: July 11, 2022 3:59 PM - Modified On: July 11, 2022 - Published By:
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Republished By Plato

Leading fintech provides regulatory compliant digital assets network & custody technologyStrengthens GMEX’s MultiHub platform, integrating traditional and decentralized finance London and Amsterdam, 11 July 2022 - ING announced today that it has spun out Pyctor to GMEX Group (‘GMEX’), a leader in digital business and technology solutions for exchanges and post-trade market infrastructure. Pyctor’s digital post-trade market infrastructure technology is designed for firms operating in regulated environments. It provides highly secure digital custody and transactional network services for a broad range of digital assets, as well as delivering interoperability between