Regulatory Compliance

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Regulatory Compliance

What is Regulatory Compliance

By applying the right tools and internal procedures, one can efficiently reduce money laundering and terrorism financing. This process is known as cryptocurrency compliance.

Businesses using cryptocurrency need to put in place a number of procedures to be compliant. Examples of these procedures include Know Your Customer (KYC), transaction monitoring, and reporting to authorities. Those specifications will change based on the country or region the company is in.


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