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What role does Delaware Charter Guarantee & Trust play in the regulation and compliance of cryptocurrency transactions?

abracadaabracadMay 05, 2022 · 3 years ago1 answers

Can you explain the specific role that Delaware Charter Guarantee & Trust plays in ensuring the regulation and compliance of cryptocurrency transactions? How does it contribute to the overall security and trustworthiness of the cryptocurrency market?

1 answers

  • May 05, 2022 · 3 years ago
    Delaware Charter Guarantee & Trust (DCGT) is an important player in the regulation and compliance of cryptocurrency transactions. As a trusted entity, DCGT works closely with cryptocurrency exchanges and businesses to ensure that they meet the necessary regulatory standards. DCGT conducts thorough audits and due diligence, verifying the compliance of these entities with anti-money laundering (AML) and know-your-customer (KYC) regulations. By doing so, DCGT helps to create a more secure and transparent environment for cryptocurrency transactions. Its involvement contributes to the overall trustworthiness of the cryptocurrency market, giving users peace of mind when engaging in digital asset transactions.