CASP Compliance means following rules for businesses that deal with crypto assets. It demands adherence to legal and operational standards for entities managing virtual currencies and related services. These mandates typically cover anti-money laundering, counter-terrorist financing, and consumer protection protocols. Such observance upholds market integrity and secures participants within the digital asset environment.
Context
The regulatory environment for CASP observance continues its evolution globally, with various regions establishing distinct frameworks. Debates persist regarding achieving regulatory uniformity while promoting innovation in digital asset offerings. Upcoming changes will probably involve more stringent oversight and clearer operational directives.
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