Cryptocurrency Exchange Development

Cryptocurrency Exchange Development: KYC, AML and CFT Regulations

Although, people can buy top cryptocurrencies such as bitcoin (BTC) and Ether (ETH) from the over-the-counter (OTC) market, individuals still require an exchange as a way to obtain different altcoins. Exchanges are an essential part of the system that makes the crypto market tick. Regulators across the globe have identified the same and that is the reason why regulatory moves are primarily targeted towards exchanges. Regulators need to be certain that exchanges employ the very best security methods in addition to measures — Know Your Customer (KYC),” Anti-Money Laundering (AML), and Combating the Financing of Terrorism (CFT), for instance — which discourage illegal transactions and improve account/wallet security.

DeFi, Crypto banking, White label cryptocurrency exchange development, Crypto wallet development, coin development, fintech, Blockchain

DeFi, Crypto banking, White label cryptocurrency exchange development, Crypto wallet development, coin development, fintech, Blockchain