Regulating Crypto Business: The Search for Compromise

    The crypto community and government authorities continue looking for ways to build a relationship. The UAE is starting to license crypto businesses, and in the US, major crypto exchanges and brokers are cooperating to comply with FATF requirements. Unfortunately, this is a topic we have to bring up over and over again. Regulators continue to…

    FATF releases guidelines on crypto assets, including DeFi and NFT

    The Financial Action Task Force (FATF) is looking to ramp up the pressure on countries to adopt crypto regulations – and its updated guidance has made mention of non-fungible tokens (NFTs), decentralized finance (DeFi), peer-to-peer (P2P) trading, and stablecoins for the first time. The FATF published their report Friday on how best to tackle the…

    Crypto industry at the crossroads. Part 2

    The AML / CFT requirements for crypto business are becoming more and more stringent. And as ShapeShift’s recent refusal to cooperate with regulators and transition to DEX status demonstrates, not everyone is ready to accept this. But what comes next? Cryptocurrencies started out as a true ode to decentralization. Think back to what all the…

    Crypto industry at the crossroads. Part 1

    The AML / CFT requirements for crypto business are becoming more and more stringent. And as ShapeShift’s recent refusal to cooperate with regulators and transition to DEX status demonstrates, not everyone is ready to accept this. But what comes next? While BTC is growing and trading at around the $ 40,000 mark, the crypto industry…