“(TRUST), originally a group of five U.S. companies building an anti-money laundering (AML) system for cryptocurrency transactions, has grown its membership to over 30 firms”, including Symbridge.
“There hasn’t been a lot of clarity around the rules for digital assets and cryptocurrencies, making it difficult for companies and investors to safely participate, guardrails have been needed for some time.”
“I think creating more transparency around trading will provide a better path in the medium-term future, because there will be more certainty around the asset class.”
Without being quick to pick a winner in this age-old debate, it’s much better to consider why each of these assets provides unique value to investors, why both can help to place a hedge, and why mutually, each is worthy of a place in a truly diversified portfolio.
Travel Rule Universal Solution Technology (TRUST) is an industry-driven solution designed to comply with a requirement known as the Travel Rule while protecting the security and privacy of our customers.