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With Great Power Comes Great Responsibility: Noah Perlman on Binance, Regulation, and the Road Ahead

Beyond the Code

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Navigating the Complexities of Crypto Compliance

This chapter explores the nuanced experiences of a speaker involved in committees evaluating reputational risk within large banking institutions, particularly focusing on cryptocurrency and its implications for compliance. It highlights the challenges of maintaining regulatory standards while balancing operational effectiveness, especially in the wake of market volatility and past mistakes in the industry. The narrative also includes a poignant story of resilience related to a key figure in financial crimes compliance, shedding light on personal and professional struggles faced in the world of crypto.

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