Business Model Compliance refers to the alignment of a cryptocurrency project’s operations with its stated goals, regulations, and standards. This involves ensuring that the business practices, revenue generation, and user engagement strategies are consistent with both legal requirements and ethical norms.A key aspect of this compliance is adhering to laws set by regulatory bodies, which can vary significantly across jurisdictions. This may include anti-money laundering (AML) regulations, Know Your Customer (KYC) requirements, and securities laws.Another important element is maintaining transparency with users about how the cryptocurrency functions and how it generates value. This helps build trust and reduces the risk of fraud or misunderstanding.Overall, Business Model Compliance helps mitigate risks associated with regulatory penalties, reputational damage, and operational inefficiencies. By ensuring that their business model is compliant, projects can pursue long-term success while fostering a healthy ecosystem for users and investors.

Bybit Removed from France’s AMF Blacklist After Two Years of Compliance Efforts
Cryptocurrency exchange Bybit has been officially removed from the blacklist of France’s financial markets regulator, the Autorité des Marchés Financiers