Skip to main content

Compliant Financial Service

Definition

A compliant financial service in the digital asset space operates in complete adherence to pertinent laws, regulations, and industry benchmarks. This includes fulfilling obligations related to anti-money laundering, know-your-customer, data privacy, and consumer protection. Such services frequently involve licensing, regular evaluations, and robust internal controls to ensure legal operation. They aim to provide secure and legally sound avenues for interacting with digital assets.