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Can Compliance and AML Software Improve Cryptocurrency Business Sustainability?

Cryptocurrency businesses are facing increasing challenges as new regulations are introduced globally, which is changing the face of the industry and forcing companies to search for effective solutions. Anti-Money Laundering and Combatting the Financing of Terrorism regulations demand that financial companies follow strict guidelines in order to curb and track illicit activity. Staying in compliance with these laws can often be difficult, especially for small cryptocurrency companies. The amount of money and staffing needed to enforce these rules can add up fast and is often unsustainable, but failure to do so could mean an eventual closure. This is having a…

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