As Virtual Asset Service Providers (VASPs) become more firmly established in the financial markets, they will need to establish appropriate controls to manage risk and ensure compliance with regulations. Among the measures they should take according to Financial Action Task Force are:
Interested in learning more about how VASPs can mitigate risks and ensure compliance? Check out our second e-book on “What Virtual Asset Service Providers Need to Know About Mitigating Risks from Virtual Assets.”