KYC

BitGo says European crypto firms facing the MiCA deadline can use its Crypto-as-a-Service platform to transition clients into compliant sub-accounts. The move could give eligible firms a faster route to meet the new regulatory requirements.

U.S. federal prosecutors have charged crypto exchange KuCoin and two of its founders with violating anti-money laundering laws, alleging that the exchange operated within the U.S. while failing to implement necessary compliance measures.