Crypto Compliance: What’s The Impact of Regulation?
Regulators have been slow to introduce legislation around crypto assets for over a decade due to the cryptocurrencies being built on decentralized technology — but this is changing. Cryptocurrency compliance is an extremely critical part of the sector and many industry players are beginning to adhere to regulatory standards which helps prevent fraud. Volatility is the name of the game when it comes to crypto investing and the sector has been rife with scammers who are quick to impersonate, individuals making illicit transactions, pump and dump schemes or rug pulls as well as scams offering fra…