Monthly Digest August 2023

Monthly Digest August 2023

CRYSTAL PRODUCT UPDATE

Discover how our latest platform updates revolutionize KYC tasks through trusted lists and expanded blockchain visualizations.

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CRYSTAL REGULATORY UPDATE

Discover the UK's proactive stance on global cryptocurrency regulations with the FCA's "Travel Rule" mandate?which came into force on 1 September 2023.?

Explore the implications, challenges, and opportunities as crypto firms adapt to collect and share transaction information.

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CRYSTAL REGULATORY UPDATE

ESMA’s consultation paper relating to MiCA outlines necessary obligations for Crypto Asset Service Providers and financial institutions that want to provide crypto services in the EU.

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CRYSTAL INSIGHTS

Crystal collaborated with researchers to enhance their investigation of RaaS growth.

The paper's summary details how the researchers examined various payment methods employed by cybercriminals to launder ransom funds.

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CRYSTAL SCHOOL OF CRYPTO COMPLIANCE AND INVESTIGATIONS

September Courses

Don’t miss out! There is still time to register for the Crystal Certified Crypto Asset Essentials Course on 14 & 15 September.

This course is a foundational course for beginners looking to understand cryptocurrencies. It aims to teach the fundamental principles of cryptocurrencies, blockchain technology, and how to manage related risks.

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This course is for investigators, law enforcement personnel, compliance professionals, and regulators. In it you will learn how to investigate crypto transactions and track funds.

You will also learn how to create visualisations of interactions with malicious entities and generate evidentiary materials to support investigations.

This course is for advanced-level participants and assumes a solid understanding of cryptocurrencies.

[RESISTER]

September events

13 – 14 September

TOKEN2049, held every year in Singapore, stands out as the top cryptocurrency event. Our team members Marina Khaustova, Zalan Noszek, Artem Semko, Sviatoslav Dubovskyi and Tiburcio Sanz will at Booth M7. Don't hesitate to visit us and learn about Crystal’s opportunities for compliance in crypto.

13 September

We’re hosting The Blockchain Cocktail party? with our partners Sumsub, AlphaPoint and LBank. It’ll take place at Altro Zafferano right after the Token2049 exhibition. Join us for the night of fantastic cocktails and networking. RSVP

20 – 21 September

DMEXCO is Europe’s leading digital marketing and tech event taking place in Cologne, Germany. Our CEO, Marina Khaustova, will be there as a speaker, sharing her practical knowledge. Come and enjoy networking with the best minds in the tech industry.

20 - 22 September

Mainnet is Messari’s annual tech summit in New York with balanced representation from consulting, IT and security. Crystal’s Sviatoslav Dubovskyi and Michael Bijesse are excited to attend.

22 – 23 September

TUM is the leading student-run blockchain technology conference happening in Munich, Germany. Our CEO, Marina Khaustova and Head of Compliance, Hedi Navazan, will be participating in a panel discussion about regulation and blockchain education.

28 September

We’re excited to attend London’s Global Digital Forum. DLA Piper and GBBC Digital Finance bring together government, regulatory bodies, and businesses to discuss the digital landscape’s impact on global markets and economies.

Crystal in?the?News

Analytics firm Crystal Blockchain estimates that by the end of July Ukraine had received over US$225 million in crypto donations, with the majority of it now going towards humanitarian aid. That figure is roughly 20% of all the donations made to Ukraine in the 18 months since the start of the war.?

Forkfast, Blockworks

Crystal's team aided in the investigation of a cyber-attack on CoinsPaid. The attack comes amid a surge in crypto-related thefts, which per Bloomberg’s report reached a record $3.8 billion in 2022.

CryptoGlobe

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About Crystal

Our all-in-one blockchain analytics tool for crypto AML compliance, provides blockchain analytics and crypto transaction monitoring for thousands of cryptocurrencies in real-time.

Crystal Blockchain works globally with customers in the digital asset industry, the banking, and FI sectors. We help streamline their Know Your Transaction (KYT) and Anti-Money Laundering (AML) procedures for meeting international compliance standards.

To discover how Crystal can help you trace illicit flows of funds, contact us here. CrystalBlockchain.com

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