The integration of legacy financial services, blockchains, and the emerging class of digital assets are underway. The potential of this new open financial system is enormous, but there are still several obstacles that need to be overcome for the promises of a new financial paradigm to come to fruition. There remains a substantial market gap between traditional financial services, mainstream investors, and the cryptocurrency ecosystem. Although access to digital assets is available on multiple cryptocurrency exchanges, the current status quo is often inconvenient. Unclear regulatory environments burden exchanges that operate as fiat on-ramps that require slow KYC/AML compliance procedures. Further,…
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https://ift.tt/2q1sNre Yoav Vilner October 19, 2018 at 12:00AM
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