KYC for Crypto: Safeguarding Digital Assets with Compliance
Cryptocurrencies are transforming the finance sector. These digital currencies are encrypted on their blockchains, making transactions between users mostly anonymous and immediate. This speed and anonymity can be exploited by criminals seeking to bypass traditional anti-money laundering (AML) and counter-financing of terrorism (CFT) measures. As a result, global regulators are increasing their scrutiny of cryptocurrencies.… Continue reading KYC for Crypto: Safeguarding Digital Assets with Compliance