Crypto Update | The Merge Approaches as European Energy Hyperinflates
Markets Outlook
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Is the Cryptocurrency Industry Ready to Fail?
The industry's rocky relationship with law enforcement and regulators won't be improving soon. Without a course correction, more crypto firms will fail when they could have stayed solvent by investing in their anti money laundering controls. What can the sector do to improve its standing? Implementing a top down compliance culture, adequate training and strong risk management controls can ameliorate concerns. Stop shielding your products with cabiet m tor or buyer beware. If market conditions require tweaking your business model, up date your financial crime risk appetite - regulators will appreciate it.
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