Working with a licensed crypto company gives customers legal rights and ensures that they do not run into regulatory problems.
Financial regulators and international banks around the world are cracking down on crypto companies that fail to comply, and it’s no longer just securities law violations they’re looking for. In particular, any company that deals with crypto can have dire consequences if it does not have the “Know Your Customer” and “Anti-Money Laundering” standards.
One of the best ways to ensure that your cryptocurrency is in the hands of a company that has no legal issues is to choose one that is licensed by an internationally recognized financial regulator. In addition, entrusting your crypto to a regulated body can provide some protection in case something goes wrong.
Holdnaut has been certified by the Singapore Fintech Association, an accreditation recognized by the Monetary Authority of Singapore. Company executives are now striving to become the first licensed and regulated crypto lending and lending company in Singapore.
The company has now been in operation for two years and has formed a number of partnerships to further improve its offerings. A new collaboration with Jumio, which offers AI-based end-to-end identity checks and KYC solutions, ensures that Hodlnaut customers can be integrated quickly and easily on the platform.
Hodling needs patience, nerves and discipline. Safe storage can create a powerful incentive to stay on the roller coaster.
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