Navigating the Compliance Landscape: Crypto Startups in Asia
Compliance can be a harsh reality for startups in Asia’s cryptocurrency scene. WazirX’s recent recovery efforts have illuminated just how much regulatory frameworks can either nurture or stifle innovation. In this piece, I’m diving into how compliance can shape the future of fintech, especially for emerging players in the crypto banking game.
How Compliance Affects Innovation in Crypto Banking
Regulatory frameworks can be a game changer for crypto exchanges and the fintech startups behind them. Countries like Singapore have been pretty clever with their regulations, striking a balance that encourages growth while keeping things above board. The Payment Services Act there lays out clear rules for crypto payment platforms, which helps…
