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There have so far been two major ‘phases’ of the internet, which are now retrospectively referred to as Web 1.0 and Web 2.0. Opinions differ on the precise beginning and end of these two phases, so the periods are not clearly defined – and the burgeoning Web 3.0 phase is no different. The first two phases of the internetAlthough the...
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A recent offer in the realm of Decentralised Finance (DeFi) caught our attention...
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The crypto evolution – or is it a revolution? – is challenging the status quo of...
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Over the past three decades, the European Union has steadily improved its framework to fight money laundering and terrorist financing (AML/CFT). The EU’s action has focused on the prevention, investigation and prosecution of these harmful practices.
In July 2021 the European Commission (EC) presented a package of legislative proposals th...
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The current financial system will undergo fundamental change over the coming dec...
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The EU’s fifth Anti Money Laundering Directive (AMLD5) urged the adjustment of the implementation rules of the Wwft (the Dutch Prevention of Money Laundering and Terrorist Financing Act)[1]. In this context, the Wwft has been amended accordingly. The new legislation has come into effect in the Netherlands on 21 May this year.As highlighte...
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The EU’s fifth Anti Money Laundering Directive (AMLD5) comes into force in all Member States on 10 January 2020. This latest version of the directive broadens its regulatory scope by including two types of crypto service providers (CSP): virtual-fiat exchanges and custodian wallet providers. The main driver behind this regulatory update i...
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The EU’s fifth Anti Money Laundering Directive (AMLD5) comes into force in all Member States on 10 January 2020. This latest version of the directive broadens its regulatory scope by including two types of crypto service providers (CSP): virtual-fiat exchanges and custodian wallet providers. The main driver behind this regulatory update i...
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News
On 03 September, DNB – the Dutch National Bank – released a statement about the ...
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Last week Facebook announced the launch of Libra, a new global cryptocurrency an...
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Facebook’s new cryptocurrency Libra is not merely about transactions; it’s also ...
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With the rise of the Internet of Things (IoT) and artificial intelligence (AI), transactions initiated by smart devices and platforms will increase exponentially over the next years. An appealing example is Smart Home, which connects customers digitally through smart devices and allows them to share data and transact from home 24/7.
As r...
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