From 8ba65ed07940f23ad0330363a9664eb9ab73fdcb Mon Sep 17 00:00:00 2001 From: Josh Swihart Date: Sat, 23 Jun 2018 01:18:44 +0200 Subject: [PATCH] Syncing _posts/2018-06-22-zcash-company-response-to-secret-service-recommendation.md from WordPress at https://blog.z.cash (Zcash Blog) - wpghs --- ...2-zcash-company-response-to-secret-service-recommendation.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/_posts/2018-06-22-zcash-company-response-to-secret-service-recommendation.md b/_posts/2018-06-22-zcash-company-response-to-secret-service-recommendation.md index 7fdcff1..c516c0b 100644 --- a/_posts/2018-06-22-zcash-company-response-to-secret-service-recommendation.md +++ b/_posts/2018-06-22-zcash-company-response-to-secret-service-recommendation.md @@ -19,7 +19,7 @@ post_date: 2018-06-22 23:12:33 Governments have already broadly recognized citizen’s data and financial rights through legislation including the EU’s GDPR and the United States’ Gramm-Leach-Bliley Act. -Earlier this year, the New York Department of Financial Services (NYDFS) issued a press release explaining their decision to grant Gemini custodial and listing services for Zcash. In the release the NYDFS states that, “Virtual currency license applicants are subject to a rigorous review of anti-money laundering, capitalization, consumer protection and cyber security standards.” +Earlier this year, the New York Department of Financial Services (NYDFS) issued a press release explaining their decision to grant Gemini custodial and listing services for Zcash. In the release the NYDFS states that, “Virtual currency license applicants are subject to a rigorous review of anti-money laundering, capitalization, consumer protection and cyber security standards.” As with NYDFS, we support FinCEN’s approach in applying AML/KYC controls at the point of exchange between fiat and digital currency, and stand ready to assist the Secret Service, FinCEN and other regulatory bodies through technology education.