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Compliance-First Framework

Definition

A compliance-first framework is an operational approach prioritizing adherence to legal and regulatory requirements from the outset of any project or system design. This methodology ensures that all aspects of a digital asset or blockchain application are constructed with existing and anticipated legal standards in mind. It involves proactive measures to meet anti-money laundering (AML), know-your-customer (KYC), and data privacy regulations. Such a framework aims to minimize legal risks and enhance the legitimacy of blockchain-based activities.