Can NFT Marketplaces be AML Compliant?

<p class=”MsoNormal”>Despite the massive boom seen in the NFT industry, many still seem to be unconvinced about its future, which is why businesses who work towards AML compliance might have an edge later on.</p><p class=”MsoNormal”>As nascent as this technology seems, it shows incredible promise, fast growing adoption rates, and ease of use. </p><p class=”MsoNormal”>Accordingly, when […]

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Russia and Iran Discuss Using Stablecoin Backed by Gold for Foreign Trade

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Russia and Iran are in talks to launch a joint gold-pegged stablecoin that would be used as a payment method for settling foreign trade, a Russian news outlet reported on Monday. The new cryptocurrency […]

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DFSA Wants to Better Protect Clients Assets, Publishes New Strategy

<p> The Dubai Financial Services Authority (DFSA), a special economic zone in Dubai, has released its new strategy for 2023-2024, focusing on establishing and maintaining the reputation of the Dubai International Financial Centre (<a href=”https://www.financemagnates.com/tag/difc/” target=”_blank” rel=”follow”>DIFC</a>) as a leading spot for the finance industry.</p><p class=”MsoNormal”>DFSA Presents New Strategy</p><p class=”MsoNormal”>According to Fadel Al Ali, the […]

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BNY Mellon To Keep Focusing on Crypto and its Underlying Ledger Tech

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Robin Vince, the CEO of the world’s oldest continuously operating bank BNY Mellon, revealed in Friday’s earnings call that his organization is committed to continuing the exploration of digital assets, albeit carefully. The chief […]

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