Too Long; Didn't Read
Bitcoin exchanges, custodial wallets, and virtual asset service providers (VASPs) are required to follow stringent compliance rules and regulations, or face severe penalties. Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog organization, delivered a guidance paper that specifies business process requirements for VASPs. Financial regulators across the globe are expected to follow FATF guidelines, or ignore them at risk of losing credit rating, IMF loans, and access to currency conversion facilities. The answer is a tactical "hit-squad" specialized in this issue and armed with the tools to be able to quickly, and with as little modification as possible, implement the required solution.