Monday, 10 December 2018

Every gold rush needs someone to sell picks and shovels. And in the gold rush that is the cryptocurrency boom, some of the most valuable picks and shovels are tools to help cryptocurrency exchanges remain compliant with anti-money laundering (AML) regulations, reports David Penn at Finovate.

It is the world’s number one cryptocurrency exchange, and in the eight short months of its existence it is, according to at least one report, already registering over $200m in net profit per calendar quarter – a figure that is set for continued exponential growth over the short-term, at the very least.

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