Latest News
Updates on iComply & Global Digital Finance news.
What is a Stablecoin?
Did You Know: Stablecoins What is a Stablecoin? A stablecoin is a digital token that is backed by real assets such as fiat currency, with the intention being to reduce volatility. In the investment world, the term “real assets” means physical things such as real...
FATF Guidance For a Risk-Based Approached: Virtual Assets and Virtual Asset Service Providers
The Financial Action Task Force (FATF) first began weighing in on Cryptocurrency and Virtual Assets in June, 2014. In 2015 the FATF’s guidance was focused on the interfaces between fiat currency and virtual currency. Since that time, the FATF and its 39 member...
FinCEN Provides Further Clarification on Regulations for Virtual Asset Service Providers
On May 9th, 2019, FinCEN released interpretive guidance on how existing regulations impact cryptocurrencies, which are referred to as Convertible Virtual Currencies. While the “guidance does not establish any new regulatory expectations or requirements,” it does...
FATF Prepares Massive Changes for Virtual Asset Regulation
During May 6-10, 2019, the FATF (Financial Action Task Force) held a private sector consultation on new AML policies related to "virtual assets" and "virtual asset service providers." Representatives including regulators, financial intelligence units, financial...
Central Banks and Public Blockchains
The use of blockchain has been said to provide massive benefits for financial institutions but what real progress has been made? Sure, firms such as JP Morgan have been playing with private chains such as Quorum and Hyperledger for years now, does this mean that...
iComply to Power Global Compliance for Digital Assets on Hedera Hashgraph Public Distributed Ledger
Vancouver, B.C. – February 26, 2019 – iComply Investor Services (“iComply”), a regulatory technology firm offering software that automates global compliance requirements for digital assets, is announcing that it will be releasing integrations for Hedera Hashgraph, a...