Tangle Treasury Introduces New Measures Against Money Laundering and Terrorist Financing

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Improvements in Tangle Treasury
  2. Appointment of Nicole O'Brien
  3. Additional Security Measures and Innovations


    4. The IOTA and Shimmer communities received an important update from Tangle Treasury aimed at enhancing data and financial security.

    Improvements in Tangle Treasury

    To mitigate risks associated with fund allocations, Tangle Treasury unveiled a new counter-terrorist financing (CTF) and anti-money laundering (AML) policy. These improved screening features will enhance operational efficiency and protect community investments.

    Appointment of Nicole O'Brien

    To oversee all processes, Tangle Treasury appointed Nicole O'Brien as the CTF/AML officer. O'Brien will ensure adherence to best practices, enhance internal protocols, and provide staff training.

    Additional Security Measures and Innovations

    Besides the CTF and AML policy, Tangle DAO has implemented additional protective measures such as rigorous background checks and enhanced know-your-customer (KYC) procedures for all proponents and grant recipients. Innovations include improved data security, bookkeeping, and the introduction of standard operating procedures for finance administration and grant management.

    These advancements, along with enhanced data security and standard operating procedures, will boost Tangle Treasury’s efficiency and professionalism. Further updates, including a call for new proposals, are expected in the coming weeks.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

French Investors Increase Stablecoin Self-Custody

In France, stablecoin balances held in personal wallets surged by 192% from July 2025 to June 2026, indicating a growing trend towards self-custody among French crypto users influenced by fiscal pressures and political uncertainty.

user avatarLeo van der Veen

Stablecoin Holdings Surge in Western Europe

Stablecoin holdings in personal wallets across Western Europe surged by 131% between July 2025 and June 2026, significantly outpacing the global growth rate.

user avatarLi Weicheng

AI Agent Successfully Bypasses CAPTCHA Tests, Exposing Weaknesses

AI agent named Gary successfully bypassed CAPTCHA tests on over 50 Discord servers, revealing vulnerabilities in traditional verification methods.

user avatarAisha Farooq

Solo's Human Verification SDK Now Powers JellyJelly

Solo's human verification SDK is now integrated into JellyJelly, ensuring each account belongs to a real person without the need for government IDs.

user avatarTenzin Dorje

Payward Reports Recovery Signs Amid Annual Revenue Decline

Payward reports signs of recovery in Q3 despite annual revenue decline, with a 12% increase in platform margin attributed to improved trading activity and expanded client services.

user avatarElias Mukuru

Payward's Financial Services Expansion Mitigates Trading Revenue Losses

Payward has expanded its financial services operations to mitigate losses from declining trading revenue, now accounting for 52% of its total platform margin.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.