Navigating Crypto Counterparty Risk

This chapter explores the intricacies of managing counterparty risk in the volatile cryptocurrency market, highlighting the critical roles of AML and KYC protocols during client onboarding. The discussion contrasts traditional investment banking methods with innovative risk management strategies tailored to the unique challenges of the crypto landscape. It also examines the evolving roles of Bitcoin and decentralized finance, emphasizing the need for collaboration between centralized and decentralized sectors for a more efficient market ecosystem.