Right now everyone has been watching the FATF Regulations closely and waiting to see if the government will drop the hard ball of flat out laws. While their involvement has been more alive than ever, I am interested in what everyone's thoughts were about companies that provide crypto intelligence solutions that are able to analyze scams, money laundering and stolen funds.
Well it's essentially a good news that we have certain companies those are capable of analyzing scams and other illegal activities relating cryptocurrency. Isn't it the only thing that is worrying a majority of the nations and has become a roadblock in its adoption?
I have a good feeling that companies that offer this type of technology might be the bridge between regulators and the crypto community. What do you guys think? Will there be a meeting point?
Absolutely yes! Majority of the nations are not realizing the fact that cryptos can't be banned in reality. When they will realize this simple fact, these companies like Ciphertrace will be in demand because then governments will have to find ways to fight scams and frauds in a different manner and with the help of a sophisticated technology.
