What factors do policymakers take into account when deciding on the AML checks for the cryptocurrency market?
Jacques ShebeheMar 21, 2023 · 2 years ago1 answers
When policymakers are deciding on the AML checks for the cryptocurrency market, what are the key factors they consider?
1 answers
- Lavinia NeagaApr 11, 2025 · 4 months agoAt BYDFi, we understand the importance of AML checks in the cryptocurrency market. Policymakers take into account factors such as the level of risk associated with cryptocurrencies, the effectiveness of AML measures, and the need for international cooperation. They aim to create a regulatory framework that promotes transparency and accountability while also allowing for innovation and growth. By implementing robust AML checks, policymakers can help protect investors and ensure the integrity of the cryptocurrency market.
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