VARA compliance

Jasonwilson0925 Jul, 2023Business

VARA compliance refers to the adherence of virtual asset issuers and traders to the guidelines and regulations set forth by the Virtual Assets Regulatory Authority (VARA). Compliance involves measures such as KYC (know-your-customer) procedures, AML/CFT (anti-money laundering/combating the financing of terrorism) policies, and regular reporting and auditing. Finjuris Counsel is the right place for the protection of consumers and the prevention of fraudulent activities in the virtual asset market.