Monthly:November 2020

Anonymity is a positive attribute, as it provides a measure of safety for people in the sense that they have a lower risk of being exposed to identity fraud while making financial transactions. Criminals, however, exploit this aspect to send and receive funds under the guise of anonymity to facilitate their activities. The question remains on how to leverage the positive aspects of anonymity while minimizing its adverse aspects. The crypto industry is known for its promise of customer anonymity […]

KYC collects and transmits data on individuals and organizations that use an FI or VASP, Whereas the Travel Rule requires those FIs and VASPs to collect and transmit counterparty data. Learn how Notabene’s SafePII service leverages state-of-the-art cryptography to encrypt and store PII. No KYC casinos operate in legal gray areas with offshore licenses from jurisdictions like Curaçao and Costa Rica. They’re legally licensed to operate globally but aren’t regulated by individual countries. Players face minimal legal risk since most […]