Security vs. Innovation: Confluence on How Crypto Adoption Can Play Out
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If you have been observing the news and the industrial trends, you would agree that there won’t be a year without a new development in the cryptocurrency space. In a few years, we saw trends running from initial coin offerings (ICOs) to non-fungible tokens (NFTs). Despite the innovations taking place in the industry, crypto companies […]
What are KYC and AML? Why are they Relevant for Digital Assets?
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Banks and other financial services providers use KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures to combat fraud, money laundering, and terrorist financing. These concepts have been around for a while and initially supported banks and financial institutions. However, with the emergence of digital assets like Bitcoin, these rules are also being applied to […]