Chainalysis: The Ultimate Guide to Security and Compliance
- As the number of cryptocurrency users continues to increase and financial institutions like JP Morgan warm up to the industry
- But as history has shown us these businesses, especially exchanges, face major risks around security and compliance
- Consider the many exchanges that have been hacked over the years Upbit had $49 million worth of cryptocurrency stolen in an incident last year
- They’re also crucial to building trust with potential new users, particularly as cryptocurrency goes mainstream
- As a cryptocurrency business, the jurisdictions in which you operate will determine the exact regulations
- Cryptocurrency businesses must keep records of and sometimes submit reports on transactions that
