Bloom Sets its Sights on KYC Compliance with OnRamp Launch
For any legitimate business to succeed in the modern world, it is important that it be up-to-date with all regulatory requirements in the jurisdiction in which it operates. Two of the most important are know-your-customer (KYC) and anti-money laundering (AML). The KYC and AML requirements for customers and the firms themselves are different from place […]
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This week, former British politician, author, and more, Godfrey Bloom revealed his plan to buy his first Bitcoin. But why? Here are the three primary reasons that the former parliament member would consider investing in the leading cryptocurrency by market cap. Who Is Godfrey Bloom, And Why Did He Decide To Buy Bitcoin? Godfrey Bloom was born in 1949 in London, England. From an early military career, Bloom turned his expertise toward economics. Later on, […]
Former Member of the European Parliament Godfrey Bloom has bought his first bitcoin. The British politician is famed for numerous controversial views, such as calling the entire banking system a scam and the state an institution of theft. Godfrey Bloom Now Owns Bitcoin Godfrey Bloom is a British politician who served as a Member of the European Parliament (MEP) for Yorkshire and the Humber from 2004 to 2014. He was elected for the U.K. Independence Party but later served as an Independent. Bloom has also published six books on military history and the Austrian School of Economics. The....
Bitstamp, one of the leading Bitcoin exchange platforms, has announced a new partnership with Canadian compliance and risk management startup Vogogo. Through the collaboration, Bitstamp is looking to extend its global footprint with a particular focus on the North American market. The integration will provide Bitstamp with Vogogo's property compliance, risk management and payment processing platform, the companies said in a release. Commenting on the new collaboration, Nejc Kodric, co-founder and CEO at Bitstamp, said: "[Vogogo allows] us to reach more customers while also giving all of....
Frankfurt is set to become a disruptor in Berlin’s plans of becoming Europe’s and Germany’s FinTech hub as Frankfurt sets its sights on beating Berlin to the podium. A recently launched project known as TechQuartier in Frankfurt brings together 120 founders of FinTech companies to share ideas. According to The Local, a German news site, the project reflects how the banking world in the city is attempting to play catch up in the growing sector. Of course, while Frankfurt may be riding the wave that is seeing more startups in the city, it’s reported that most founders of companies will....
With impending confirmation as the country’s top banking supervisor, will Sarah Bloom Raskin implement a bitcoin bias in Federal Reserve regulation?