Retention Policy Compliance refers to the practices and guidelines that dictate how long data related to cryptocurrency transactions and user information should be stored. This policy is crucial for meeting regulatory requirements and ensuring that sensitive information is managed properly.In many jurisdictions, organizations must retain specific records for a designated period to comply with laws aimed at preventing fraud, money laundering, and other illicit activities. Compliance with these policies ensures that necessary data can be accessed for audits, investigations, or user verification when needed.Failure to adhere to retention policies can result in legal penalties, financial losses, and damage to a company’s reputation. Therefore, implementing a robust system for managing data retention, including secure storage and regular audits, is vital for businesses and platforms operating in this space. This helps build trust with users and regulatory bodies while safeguarding personal information.