ComplyAdvantage - 5 Best Practices for Crypto Compliance

From GCA ACT
Revision as of 14:40, 25 October 2023 by Globalcyberalliance (talk | contribs) (Created via script)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

Description


The 5 best practices for cryptocurrency compliance are: 1) Know your customer (KYC) and Anti-Money Laundering (AML) compliance: Crypto businesses must adhere to KYC and AML regulations. This means collecting and verifying customer information, as well as monitoring transactions for suspicious activity.

2) Implement a compliance program: A compliance program helps ensure that your crypto business is adhering to all relevant laws and regulations. It should include policies and procedures for compliance, training

More Information


https://complyadvantage.com/insights/cryptocurrency-compliance-best-practices/

Retrieved from ‘https://act.globalcyberalliance.org/index.php?title=ComplyAdvantage_-_5_Best_Practices_for_Crypto_Compliance&oldid=5087’