Jenner & Block

“Cryptocurrencies: Solving New Problems with Old Solutions,” Global Banking & Finance Review

In this article, the authors explain that companies dealing in or with cryptocurrencies need to keep up with or stay ahead of concerns that regulators have expressed about digital assets.  They highlight some ways in which businesses can avoid letting their platforms become “conduits for criminality.”  Traditional principles, such as know your customer and anti-money laundering programs, can be applied in this new setting “to protect businesses that interface with cryptocurrencies,” they observe.

The article was written by Partners David Bitkower, Michael W. Ross and Jolene E. Negre and Associates Emily A. Bruemmer and Jessica A. Martinez.