Crypto Compliance Platform IdentityMind Global Raises $10M USD in Series C Funding

Announcements, Investing | February 15, 2018 By:

IdentityMind Global has raised $10 million in its Series C funding round led by Benhamou Global Ventures and Eastern Link Capital. Hanna Ventures,, and Zanadu Capital Partners also participated in the funding round.

IdentityMind Global is a provider of anti-money laundering (AML) and compliance services for bitcoin and crypto companies,


South Korea Cryptocurrency Crackdown: Government Considers BitLicense-Style Rules For Crypto Exchanges

News, Regulation | February 14, 2018 By:

The South Korean government is reportedly planning to introduce an approval system for crypto exchanges based on New York’s BitLicense system.

In a report from Business Korea, an unnamed government official involved with a cryptocurrency task force said, “We are positively considering the adoption of an exchange approval system as the additional regulation on cryptocurrencies.


Thai Central Bank Bans Repositories From Cryptocurrency Activities

Announcements, News, Regulation | February 13, 2018 By:

Bank of Thailand, the country’s central bank, said it has asked financial institutions to refrain from doing any business involving cryptocurrencies.

Last week, during his speech at the “Thailand Takeoff 2018” seminar, Thailand’s Finance Minister Apisak Tantivorawong said the government will not ban crypto trading because the regulators cannot stop the use of crypto in the country.