Compliance: Crypto Regulatory Environment

Effective management of compliance programs requires real-time, data-driven tools and technologies to identify issues and analyze trends quickly. Recently there has been a flood of new crypto regulations, as well as sweeping enforcement actions against virtual assets service providers and their executives for lack of regulatory compliance. There are varying levels of maturity and sophistication in AML/CTF regimes around the globe. The gaps in these regulations present avenues that can be exploited by money launderers and terrorist organizations. US regulators (CFTC, FinCEN, SEC, NY BitLicense) are ahead of the curve than most of the globe. At Gemean, we have anti-money laundering and counter financing terrorism expertise in the following areas around the globe.