Today, it is estimated that 220m people around the world own cryptocurrency, and users are increasing by 113% per year. Those numbers can’t be ignored. By adopting crypto payments, FX brokers can increase customer deposits and expand into new markets. Crypto’s blockchain rails also provide other advantages, including overcoming the cost and complexity of cross-border payments.

But adoption comes with complexities that must be managed. Top of this list is navigating regulations. Crypto regulations around the world can be best described as under-development, which means moving and holding crypto on a balance sheet carries uncertainty. As innovation continues to advance in AML and KYC, businesses handling crypto need to dig into their current approaches and make sure they have the right policies, processes, and solutions to manage today’s risks.

But what does an effective approach to regulation look like exactly? With so much to think about, what are the must-haves of crypto compliance?

In a new whitepaper from BVNK, we explore the benefits for FX businesses of using crypto for payments and settlements, the core regulatory and compliance measures to be aware of, and how to get started on your crypto adventure.

Click here to download your copy.