The Risks of Failing to Apply AML and KYC Requirements to Cryptocurrency

Cryptocurrency and crypto assets are generally assumed to be attractive to criminals because of the possibility for preserving anonymity and the ease of transmitting funds despite the transparent and traceable design of the blockchain. As such, there is significant risk involved in failing to apply AML and KYC regulations to cryptocurrency.  There have been hundreds … Continue reading The Risks of Failing to Apply AML and KYC Requirements to Cryptocurrency