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Why crypto businesses need anti-money laundering regulations

From weforum.org

The idea of regulation and cryptocurrency has, at least in the past, been strongly opposed. Evidence of this can be found in a bitcoin subreddit post from four years ago on crypto regulations, where the idea of adding security controls was seen as a terrible idea. However, much has changed in the world of cryptocurrencies since then. Crypto fraud and Ponzi schemes like OneCoin have made a mockery of cryptocurrency and hastened the need for regulatory management. Today, the people behind the crypto platforms want regulation to help prevent the massive levels of fraud that the industry suffers. Here is a look at why ... (full story)

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  • Category: Fundamental Analysis