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Avishay Ovadia Avishay Ovadia

Why Every Crypto Founder Must Master Political Strategy

As if your job wasn’t hard enough, you’ve also got the gatekeepers to contend with; the regulators. From the justice system, through government agencies, to your company’s legal team, they hold the keys to the game. Whether it’s regulating securities, derivatives, and futures, dealing with tax implications, anti-money laundering (AML) protocols, know-your-customer (KYC) regulations, or ensuring custody and monitoring to prevent deceptive financial practices, the spectrum of oversight is vast. Like it or not, they’re here to stay, and they wield significant power. In some countries more than others, but in every case, you can’t afford to ignore them. The gatekeepers can dramatically impact your vision and execution. Knowing the rules, learning them inside and out, and playing by them is essential — because they can easily obstruct your path to success if you don’t.

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Avishay Ovadia

https://www.coindesk.com/opinion/2024/09/10/why-every-crypto-founder-must-master-political-strategy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-09-10 16:48:31

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