Why Most KYT Programs Fail, and What Regulators Check During Audits
Key Takeaways Most Know Your Transaction (KYT) programs fail regulatory examinations not because the monitoring software missed a transaction, but because operators cannot evidence the human decisions made after an alert fired. Know Your Customer (KYC) is a point-in-time identity snapshot. A user with an unblemished onboarding file can easily receive funds two hops from […]
How Crypto Prediction Markets Work
Key Takeaways Prediction markets are now an exchange-grade product vertical. Kalshi earned $430M in fees during a six-week World Cup window, Polymarket crossed $1B in annualized revenue, and New York Stock Exchange (NYSE), Intercontinental Exchange (ICE), and CME have all entered the category. Volume is seasonal and unforgiving; revenue concentrates around major events, and operators […]
Crypto Tracing as a Compliance Requirement: What VASPs and Exchanges Need to Know
Key Takeaways Crypto tracing is now a foundational requirement for Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) compliance, moving far beyond its origins as a reactive law-enforcement forensics tool. Regulatory pressure driven by global Travel Rule standards and Virtual Asset Service Provider (VASP) licensing regimes has shifted blockchain tracing from optional tech to a mandatory […]
What Is AML Compliance in Crypto? Why It’s Essential for Businesses
Key Takeaways A working AML program is what banks, institutional investors, and institutional trading desks check first, before product traction or market share ever come up. For a small business, having KYC and KYT working together instead of being stitched together from separate vendors is often the difference between passing that check and stalling out […]
What Is the Travel Rule? A Complete Guide for Crypto VASPs
Key Takeaways The Travel Rule requires crypto businesses, officially designated as Virtual Asset Service Providers (VASPs), to attach verified sender and receiver identity data to every qualifying transaction, matching the compliance standards already enforced on traditional wire transfers. If you run a crypto exchange, wallet service, OTC desk, or payment platform, this rule applies directly […]
What Is Phishing in Crypto? Managing the #1 Human-Layer Risk
Key Takeaways Crypto phishing now ranks as the single most costly threat category in the digital asset industry, surpassing traditional smart contract code exploits. Private key compromises, phishing, and targeted social engineering account for nearly half of all realized crypto losses since 2022. Attack patterns have shifted from mass spam emails to sophisticated, AI-assisted campaigns […]
