Blockchain Isn’t the Wild West Anymore. A Strong Compliance Program Is a Competitive Advantage.

December 16, 2023

The compliance leader sets the tone for not only the compliance program but for the entirety of the business. Employee well-being and valueThe right leader will set an appropriate culture of compliance while prioritizing the well-being of the compliance team, recognizing the heightened scrutiny and stress often associated with crypto compliance. Installing a culture of compliance is uniquely important for digital asset companies as the blockchain industry matures toward mainstream adoption. From a product innovation perspective, blockchain companies cannot risk rushing into any new product or service launches without first considering current and emerging regulatory expectations. Recent failures may have also created a more efficient environment — with regulatory involvement — that will eventually help the digital asset economy to flourish.

The source of this news is from Paxos