What factors do policymakers take into account when deciding on the AML checks for the cryptocurrency market?

1 answers

• Lavinia NeagaMar 17, 2021 · 4 years ago
  At 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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