Sure, Know-Your-Customer (KYC) and Anti-Money Laundering (AML) laws aren’t very popular in crypto-land. However, they are a necessary evil, and wallets and exchanges should ensure they are legally compliant. And KYC/AML compliance is easier than you might think.

This guide is a blog-article, and should not be relied upon, or otherwise construed/taken as legal advice. Consult your own lawyer!

KYC and AML laws exist to combat money laundering and financing of terrorism. On a global level, these laws are quite similar across jurisdictions as they are inspired by the same FATF recommendations.

In this article, I’ll specifically cover the implementation…

Getting users to try your product is hard. Even more so, if your product is a decentralized application or game. But when your decentralized application (Dapp) makes users download a third-party wallet first, it becomes virtually impossible to get adoption. We set out to solve this with NeoLogin. Today, we are showing why NeoLogin is quickly seeing adoption within the Neo ecosystem.

Instead of explaining why NeoLogin is better than other wallets, we show it in the GIF below, where we buy something from the Neo Economy Store.

The Neo Economy Store is a Dapp, which means you can connect…

Let’s not kid ourselves. We would have liked seeing more blockchain adoption by now. Adoption rates for even the most used blockchain applications are low. The most used dApps don’t even reach 5k users a day. A big part of the problem is the terrible user experience (UX) within blockchain. Today, we are here to solve this problem for Neo — with you.

If you’ve been in the blockchain space for a while, chances are you have or use some kind of noncustodial software wallet. You will have backed up your mnemonic phrase or private key, perhaps using a paper…

If you haven’t heard about Libra yet, you must be living under a rock. The recently announced digital currency from Facebook has been in the news everywhere. The recently unveiled coin, which is held stable by backing it with other currencies and debt obligations, might cause significant changes in the financial system as we know it. Now, it might be stopped to a halt.

Yesterday, the US House of Representatives send a letter to Mark Zuckerberg and his associates. In the letter, they call for Facebook to put the development of Libra to a halt.

I see many articles proclaiming the death of the Initial Coin Offering. Indeed, volumes of ICO funding have indeed gone down drastically. At the same time, many praise the Security Token Offering (STO) as the ‘next big thing’. The new hype, that will catch people off-guard. However, many misunderstand the differences between ICOs and STO. Even more people underestimate the differences between utility and security tokens. Meanwhile, Hybrid Tokens are mostly ignored… They shouldn’t be. In this post, I will quickly compare utility and security tokens, before making the case that hybrid tokens combine the best of both worlds.

ICOs and Utility Tokens

A…

Last month, director Hinman of the SEC’s Division of Corporate Finance shocked the (legal) blockchain world with some peculiar statements during a speech. He stated that Ethereum, the cryptocurrency that fuels “the world computer”, is not a security. Instead, he believes Ethereum tokens stopped being a security sometime after its ICO. I believe he is wrong.

In his speech at Yahoo! Finance Mr. Hinman said:

“putting aside the fundraising that accompanied the creation of Ether, based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure, current offers and sales of Ether are not…

If you would have told me last year that a startup without a product was to raise over $4 billion, I would have probably not believed it. In fact, I still find it hard to believe. Yet, EOS, a blockchain-startup without a product, managed to do just that. Everything about the platform, which is launching today, sounds great on paper. However, the truth is often less rosy as it would appear.

The EOS promise

EOS is a relatively new project in the blockchain space that aims to radically improve on what is on the market today. …

On Monday, North American Securities Administrators Association (NASAA) announced one of the largest coordinated series of securities enforcement actions ever. If you have been following the crypto space over the last two years, this should not come as a surprise. In fact, this weeks actions were inevitable. Still, the scope of this so-called ‘Operation Cryptosweep’ is massive.

The hunt is on

For some time, regulators have been issuing warnings to investors and issuers to be careful. The Securities and Exchange Comission (SEC) set up a special Cyber Taskforce. Recently, they even launched a fake ICO website to teach investors a lesson. …