Safeguarding Cryptocurrency Exchanges: The Power of Machine Learning Monitoring
Bitcoin and Coinbase have been in some hot water lately. How they handle cryptocurrency might not be legal or safe. The lack of regulations is causing concern from the government about potential criminal activity, fraud, and money laundering. The good news? Rules are being implemented for crypto exchanges to stop corrupt events from happening. Regulations like Know Your Customer (KYC) are an absolute must for exchanges to keep operating legally.