Bitstamp, the world’s longest-running crypto exchange, has released a guide on crypto compliance that will give players a better understanding of what is needed to provide safe and compliant access to cryptocurrency.
The 17-page guide provides a broad overview of how crypto regulations develop over time, the different regulations in each region, the basic elements of a sound crypto compliance programme and how crypto regulations compare to traditional finance regulations.
“As mainstream financial institutions enter the cryptocurrency space, many new players are seeking clarity on exactly how this asset class is regulated. They want assurance that their crypto assets—and those of their customers— have protection from fraud and cybercrime, and they want to know about the regulatory requirements that they must meet,” reads the introduction of the guide.
The guide will be particularly helpful for companies looking to enter into the ecosystem or expand into new markets, says Leonard Hoh, Bitstamp’s general manager for Asia Pacific (APAC).
“For companies unable to invest in the resources and manpower required to work closely with legislators and regulators, working with a partner that possesses a strong compliance team would be the best solution. Bitstamp is able to provide this end-to-end solution,” he adds.
“We enjoy a long track record of being compliant and our top ranking on CCData’s Exchange Benchmark for centralized exchanges is proof of our commitment to building a secure, reliable and transparent exchange for investors around the world.”
