NFTs And The Future Of Financial Crime
About this Event
NFTs AND THE FUTURE OF FINANCIAL CRIME Bitcoin is surging passed all-time highs every day and now smart contracts, Defi and NFTs are all the rage. But as a Compliance, Legal or AML professional, how do you better understand the technology that is revolutionizing the financial ecosystem and completely altering global regulations and guidance The TCAE Crypto Hub is bringing in some of the most tech-savvy Compliance minds in the industry to talk about NFTs and how they could impact our AML investigations and change the way we write our Compliance programs. Learning Objectives
- We will be talking NFT projects and the different marketplaces.
- We will find out why FATF included proposed amendments to their guidance around VASPs to specifically include smart contracts, DeFi and NFTs.
- We will dive deep into the “real” risks that NFTs pose to financial institutions and discover what are some of the traditional money laundering schemes we find with art.
- We will also discuss what can these NFT platforms do to comply with the Travel Rule and emerging regulations considering them VASPs and thus becoming reporting entities