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Post Info TOPIC: What are the main compliance challenges faced by cryptocurrency exchanges during development?
auroragrace


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What are the main compliance challenges faced by cryptocurrency exchanges during development?
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Cryptocurrency exchanges encounter various compliance challenges during development, including navigating complex and evolving regulatory landscapes, ensuring robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, and addressing jurisdictional differences in regulatory requirements. Additionally, exchanges must implement measures to prevent fraud, market manipulation, and terrorist financing while maintaining user privacy and data protection. Overcoming these challenges requires a thorough understanding of regulatory frameworks and proactive compliance strategies.

source: https://www.blockchainappfactory.com/cryptocurrency-exchange-software



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