2min chapter

Blockchain Insider Podcast by 11:FS cover image

177. Insights: What does AML and regulation look like in web3?

Blockchain Insider Podcast by 11:FS

CHAPTER

The Role of KYC in Building AML Programs

Ari: I'm curious how you think about the role of KYC in building AML programs. How does KYC differ from a traditional finance, traditional payment company compliance perspective versus a crypto one? Jessica: It's more the cultural openness to different technologies to use as part of that onboarding journey that's the main difference. Ari is absolutely right. And it's still not perfect in the traditional finance space either. So really starting to understand this, we do need to take that more nuanced approach.

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