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How Can I Make My Coinbase Clone App Legally Compliant and Trade-Ready?
Building your own Coinbase clone app might seem like an adventurous and lucrative venture. But the reality is, compliance is what separates a real business from a risky hobby. If you want to remain in the game, your app has to follow the rules since the crypto world is closely watched. Knowing the lRead more
Building your own Coinbase clone app might seem like an adventurous and lucrative venture. But the reality is, compliance is what separates a real business from a risky hobby. If you want to remain in the game, your app has to follow the rules since the crypto world is closely watched.
Knowing the legal requirements of the area where you intend to work comes first. Every nation sees cryptocurrencies uniquely. While some see it as a currency, others regard it as a financial asset; few still act as though it does not exist.
Next, make KYC and AML modules the MVPs of your Coinbase clone app. KYC checks your user’s identity, and AML prevents your platform from serving as a playground for unlawful activity.
See lesshttps://www.cryptocurrencyscript.com/coinbase-clone