The Rise of Regulated Crypto OTC Desks: A New Era for Digital Assets
Cryptoeuropeotc20 Jun, 2024Finance
The advent of regulation in this sphere marks a crucial turning point. A regulated crypto OTC desk brings with it the assurance of adherence to legal and financial standards, adding a layer of trust and security that is indispensable. By complying with stringent Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols, regulated OTC desks reduce the risk of illicit activities such as money laundering. This not only protects the clients but also upholds the integrity of the financial system.
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