Wyoming Blockchain Stampede 2021

Abstract
Whether you’re a CFO, external consultant, or in a legal or compliance department at a large institution, you must be aware of the risks (and rewards) of entering the crypto sector. Your team must be able to put together a strong compliance program. Don’t turn a blind eye or be complicit with illegal activity.

Objectives
Learn the necessary compliance requirements that institutions operate under, as well as the tools available to meet those requirements.

Outline
1. Overview - Problems to solve :15
a. Crypto has a reputation for being used by bad actors for money laundering and other financial crimes (modern day NARCO….). How do firms doing business with crypto companies (VASPs) build institutional grade compliance and risk processes around this asset class?
b. As crypto grows and traditional financial institutions become involved in the sector, companies need to know how to assess counterparty and vendor risk
c. Additionally, with growing crypto regulations, firms need to be able to stay in compliance with local, federal and global regulations, including tracking funds, knowing the origin of funds and implementing KYC/AML policies.

2. Merkle Science - we have the capabilities to help stay in compliance and enter the crypto sector safely and compliantly :35
a. Transaction screening & wallet monitoring
b. Crypto crime investigation
c. Enhanced due diligence & entity reporting
d. Crypto compliance & investigation training

3. Live examples of crypto hacks and prosecutions

4. How Merkle Science can help your firm implement the right compliance and risk processes

5. Q&A