“There are authorities at certainly one of Nexo’s workplaces in Bulgaria which is, as you understand probably the most corrupt nation within the EU,” a Nexo spokesperson mentioned in an e-mail to CoinDesk. “They’re making AML and tax-related inquiries a few Bulgarian entity of the group that isn’t buyer going through, however solely has again workplace features – payroll, buyer help, compliance. We’re some of the stringent entities with reference to KYC/AML.”
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In 2024, Visa – global payments superpower...
Key Takeaways:Institutional crypto adoption is booming, with giants like JPMorgan, BlackRock, and Fidelity now involved across multiple verticals: trading, custody,...
Coinbase reported a massive $1.43 billion Q2 profit fueled by crypto market gains and strategic investments, while revealing a $1.26...
Key Takeaways:Coinbase launches viral satire video criticizing the UK’s financial system, calling for urgent updates.44% of UK adults are now...
Enjoyed this article? Share it with your friends! Google is running a test in the United States that uses machine...
