#2022 has proved to be a challenging year for the #crypto world
The industry had to deal with back-to-back blows (i.e. TerraUSD crash, #FTX collapse, etc)
This will lead to intense regulatory pressure on the nascent #crypto sector from #FATF, #G20, and more
The industry had to deal with back-to-back blows (i.e. TerraUSD crash, #FTX collapse, etc)
This will lead to intense regulatory pressure on the nascent #crypto sector from #FATF, #G20, and more
FATF has demanded #countries implement #TravelRule at the earliest
However, there are several problems that need to be sorted from Travel Rule #compliance first
The major issues being:
⚠️ #VASP discovery
⚠️ #Data security
However, there are several problems that need to be sorted from Travel Rule #compliance first
The major issues being:
⚠️ #VASP discovery
⚠️ #Data security
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