Morpheus Labs Partner with Shufti Pro to Expand Identity Verification Services in Blockchain Market - Morpheus Labs - Deploy Blockchains Anytime
Stronger regulations for anti-money laundering and countering the financing of
terrorism (AML/CFT) are what is needed if cryptocurrencies are to achieve
blockchain mass adoption.
The high risks models and anonymity within the blockchain industry have led to
enhanced supervision by auditors and financial institutions. Companies that are
involved in handling cryptocurrencies are now held accountable to have robust
AML processes in place and to verify the identity of any sender and beneficiary,