What AML Looks Like Across the Crypto Landscape

What AML Looks Like Across the Crypto Landscape

21 Oct Crypto News

Traditional compliance methods face a tough battle in the cryptocurrency world. Pseudonymity, code-driven transactions and borderless systems, it turns out, don’t naturally mesh with laws designed for a world of centralized banks and paper trails.

But as crypto firms increasingly go public, with exchange and wallet provider Blockchain.com, as well as newly formed digital assets company Evernorth Holdings being the two most recent per Monday (Oct. 20) news, compliance is becoming a priority, particularly around anti-money-laundering (AML) and financial crime (Fin Crime) frameworks.

After all, for crypto to be legitimized, its risk controls must be legitimate. Underscoring this reality, French regulators on Friday (Oct. 17)

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