Singapore to welcome World Digital Assets Summit

World Digital Assets Summit (WDAS) is coming to Singapore on May 1-3 to discuss the the state of the arising smart economy with brand new kind of assets
16 April 2018   1649

FBG Capital is organizing a summit World Digital Assets 2018 in Singapore. The event will span from May 1-3 with the venue chosen at Ritz-Carlton Millenia. The summit is an inaugural conference that networks top-notch blockchain projects, developers and investors from all over the world. The mission of the conference is to conduct detail-rich discussions on the so-called "tokenomics" and its impact on the traditional economy. Basically, this event is going to an exclusive gathering with a group of diverse community leaders.

Topics to be covered at the summit include blockchain investment (venture capital/IPOs with ICOs), scalability (paths to achieve blockchain scalability), community (a pivotal part for a successful blockchain projects), privacy (blockchain privacy in a real-world adoption), exchanges (secrets and strategy of the cryptocurrency exchanges), crypto-trading (is crypto market efficient), interoperability (cooperation of verticalizing blockhains), decentralized exchanges (understanding decentralized exchanges) and others.

Among the notable speakers there are Binance CEO Changpeng Zhao, co-founder and COO of aelf Chen Zhuling, Ledger co-founder Thomas France and others. Agenda is yet to announced.

Binance to Join Forces With IdentityMind

IdentityMind provides exchanges with ability to comply with KYC\AML worldwide
26 March 2019   86

Binance announced an agreement with IdentityMind, which will help it ensure compliance with regulatory requirements and improve data security.

IdentityMind provides cryptocurrency exchanges with access to the platform, thanks to which they can monitor compliance with customer identification and anti-money laundering requirements in real time. This includes connecting new customers, managing their profiles and monitoring transactions.

The partnership between Binance and IdentityMind further strengthens our compliance capabilities and our commitment to re-invest in the blockchain ecosystem and grow it. We continue to evolve and enhance security systems while adhering to regulatory mandates in the countries we operate in. The goal is to foster greater trust among financial institutions worldwide.
 

Samuel Lim

Chief Compliance Officer, Binance

Last year, Bloomberg wrote about the Binance user identification system as the least strict in the entire industry, and linked the “level of anonymity” provided by the exchange with the risks of money laundering and market manipulation.

In October, Binance entered into an agreement with a supplier of transaction analysis software on the blockchains Chainalysis, and in November with Refinitiv, which developed an automated solution for client verification.

Whether the ordinary users of the platform will feel the impact of the integration of IdentityMind tools on themselves, the exchange does not specify.