As the world becomes increasingly digital, traditional gifting practices are evolving to incorporate the latest technological advancements. The rise of cryptocurrencies has sparked a new wave of innovation in the gifting industry, and Codego is leading the way. With its groundbreaking launch of crypto gift cards, Codego is revolutionizing the way we give and receive gifts. These gift cards offer a unique and convenient solution, bridging the gap between traditional gifting and the world of digital assets. Unveiling a New…
Crypto Businesses
How Is the 5AMLD Disrupting Crypto Service Providers
On January 10th, 2020, the European Union’s 5th Anti-Money laundering Directory (5AMLD) came into force. The new law gives sweeping powers to compliance organizations and law authorities to introduce a series of restrictive demands on crypto companies in a way never seen before. Organizations that deal with crypto-related activity have been under mounting pressure to implement compliance measures to register new clients. With the advent of the law, the compliance measures will only increase on an industry-wide scale, with regulations…
3 years ago 
953 views
Crypto Companies Dissolving Upon the EU Money-Laundering Regulations
Simplecoin, Chopcoin, and Bottle Pay are among the crypto companies dissolving upon the EU money-laundering regulations. These regulations will take effect from the 10th of January 2020. Simplecoin is a crypto mining tool, while Chopcoin is a bitcoin gaming platform. A notice on Simplecoin's website says it will shut down on the 1st of January 2020. It is due to AMLD5 demanding its users to perform KYC for anti-money laundering, AML reasons, which will threaten users’ privacy. Bottle Pay, on…
3 years ago 785 views