Data Sharing Is The Next Crypto Compliance Frontier

Views from: Mike Haley, Cephas Cephas

While the Crypto industry is revolutioner the world of Finance, there is an underlying reality bubbles under the surface. The rest levels, the cryptorenency scams have counted $ 9.9 billion In 2024 – with the fantastic of 2025 that have made for reading even of the stage.

Chí in the form of “old wines” frauds – as poppy and pump-epademy as the epidemic of the rough industry and consumer’s mentioned.

Criminals are semployer abuse of the sector to wash the fraud prove to traditional sectants (turquil) sector. This creates the challenges of compliance for the firms holding the beat with Evolution of Ant-money wash (aml). After all, almost 90% of Crypto Registration Applications in the UK Failing because of aml weak controls and fraud controls. I am

Abuse of the crypto sector

This crypted sector abuse is not without a team to antleging their image, global regulators, many of which they are beginning to regulate the loser. Individual’s efforts – as the industry industry operations and disruption – Laudable Benchy can be, they will take effect in isolation.

The industry needs a much more bold approach to the anti-financial data sharing.

Sharing Private Data Data-Private-Private Data to attack the fraudia becoming the standard in the Trading sector. If you are Data Required Data Data Explanities and Telcos in the SANTAapore or Data Sharing is accepting World Fraud against the CLAIME CLAIMS ACCOUNT THE WALK ANSUNITY THE HOLBAL SOURCE.

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We can only a dent in this global wave to join the points along the chain of fraud value. As the tapade appropriate to the new international financial landscape, what is missing in this string is community digital assets. Wearing the community in existing data sharing efforts have no help to build a strong ecosystem, also benefit the industry.

Theory at action

There are three things that industry should do.

First, the current limited use of encryption as a mask of MainStream Payment means the most committed cryption of encrypting cannot exist in isolation. In-ramping and off-ramping between crypto and fiat coats are key intervention in the fight against the Crypto-League fraud. With no part doesn’t see the healthy picture, fails to share data data prevents.

Second, using Crypto in the Frade laundry string creates an aml challenge. With the regulators who concern you with exchanges and new regule goes by biting, the industry requires defenses against beam proceed. May not do this without essential data to be caught and block the individuals of giving their ecosystem, data that must source from further.

https://www.youtube.com/watch?v=vlicokjsip8

Third, as long as you want to start fraud, in the digital community in the community, comfortably as a profession is a nipcent regret. The industry would earn the hard data and experience of fruit prevented through other fixed sectors, by which the types of emergent sources are “activity as usual.”

While the arguments in favor of the fruit sharing the fruit data to prevent cryptu fraud is clear, what needs to implement the theory?

Accelerate to the collaboration

UK UK offers a potentially hosted environment in the first fairays of industry in the sector sector data sharing.

By the legal perspective, the UK privacy regulator, the office of information, recently drive Inequivocally that “data protection is not an excuse when you cut frauds and scams.” This is particularly relevant to recent crimes, one of which scammatory vid steal $ 1.2 million posing as the application of the law and Wally Wallet Crypto to trick victims in reveal personal information.

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Paired with recent legislative changes to data privacy regime in the form of data (used and access) Uttered 2025 – that will stop crime prevention as a legitimate interest “- Legal argument for sharing could not be lighter.

Next, the Regular Orizon is regulation regulation in the Kingdom of the Kingdom The advertisement of the allemel of the you will bustle loosely suggested the Assets of Digital Assets will be legate from the same regular protection as the river sector. It is difficult to imagine consumer protection to the UK against fraud without a cross-sharing item.

The carrot is there with the authority of the financial writer – and the supply a Future-share of the data share is a key to the fight against the fraud proving the washroom.

Finally, the kingdom and the realm of private data and established, intra-industry and sector, including from the task of the intelligent money. Open these self-supported asset has already started, and with another of the government and scaring, could be accelerated.

Crypto and Digital Community knows only the risks of reputation and positive regulators for Frad Emgency. But recognition just not enough, and efforts should not stay slid. Industry’s fruit sharing is a key to the prevention of the efficient fraud in the whole world. Given the UK’s environment, it is uniquely placed to drive for example.

Views from: Mike Haley, Cephas Ceye.

This item is for the purposes of general information and is not intended to be and should not be taken as legal advice or investments. The views, the thoughts, and the opinions are expressed here are the author and do not necessarily reflect or represent the opinions and opinions of cintelegraph.