Cryptocurrency (Photo: Photo illustration Jason Doiy/ALM) How Does Compliance and Risk Assessment Factor Into Decentralized Finance Systems?
As firms prepare to weather the "crypto winter," it's critical to balance cost-savings strategies with the need to maintain regulatory compliance.
July 18, 2022 at 07:00 AM
6 minute read
Interest in digital assets such as cryptocurrency and NFTs has boomed in the last five years, and with it has come fascinating, innovative approaches to creating a new decentralized financial system. But the stunning growth of the industry is not without its setbacks. The recent volatility in the market, spurred by crashes in the Luna/UST stablecoin, has eliminated trillions of dollars in value in a matter of weeks.
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