KYC and AML Compliance for Crypto Exchanges: Essential Security Measures to Prevent Fraud and Money Laundering
Crypto has opened the doors to a fast-paced financial frontier, where anyone with an internet connection can trade, invest, or transfer value in seconds. Centralized exchanges (CEXs) offer speed, liquidity, and user-friendly interfaces, while decentralized exchanges (DEXs) promise greater privacy and self-custody. Both serve vital roles, but each also brings trade-offs. CEXs typically require more user information, while DEXs can offer anonymity, sometimes a little too much.As the industry matur