What Are the Key Risks for SMEs Adopting Crypto Solutions?
What are the major risks for businesses adopting cryptocurrency solutions in Europe?
As European small and medium-sized enterprises (SMEs) contemplate the adoption of cryptocurrency solutions, they are confronted with several significant risks. The most pressing concerns revolve around regulatory compliance challenges, market volatility, and operational complexities.
What is the regulatory compliance risk for SMEs?
Navigating the intricate regulatory landscape is an overwhelming task for SMEs. The EU’s Markets in Crypto-Assets Regulation (MiCA) and directives such as MiFID II impose stringent requirements that businesses need to comply with. Adhering to anti-money laundering (AML) rules and consumer protection standards is essential,…
