Joseph Ciccolo, founder of bitaml.
com, helps companies understand AML (anti money laundering) and KYC (know your customer) financial regulations. Regulations, registration and licensing processes can be complicated and fraught with legal issues if not handled properly.
Creating successful compliance programs for financial companies in the crypto space shouldn’t be overlooked, and depending on the role your company intends to take in the space (exchange from fiat to crypto and vice versa or crypto to crypto only) you must be aware of these regs.
Whether you may be classified as a money transmitter, or other regulated entity, your legal exposure and requirements are unique.
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