Technology and Policy
Compliance refers to the adherence to laws, regulations, and guidelines that govern various activities, especially in sectors like finance and technology. In the context of blockchain and cryptocurrency, compliance is crucial for ensuring that operations align with legal standards to prevent illegal activities such as money laundering and fraud. Effective compliance also helps build trust among users and stakeholders by demonstrating a commitment to ethical practices and transparency.
congrats on reading the definition of compliance. now let's actually learn it.