The post Why KYC/AML May Be the Key to Connecting DeFi and TradFi appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
Financial systems have been used for illegal purposes since they became widespread, including financing terrorist organizations and laundering money. Because of that, many financial regulators around the globe decided to impose specific processes to put an end (or at least minimize) illegal transactions. With the introduction of decentralized finance, some of these processes became impossible …
