Crypto Report: Monitoring Sanctions Evasions

The video discusses the compliance of major crypto exchanges with international sanctions, highlighting challenges in tracking users due to the borderless nature of cryptocurrency. It also covers the SEC's scrutiny of illegal crypto token offerings, likening them to traditional securities, and the prevalence of scams in the NFT market.

Which major cryptocurrency exchanges claim to comply with US and international sanctions?

• Poloniex, Bittrex, and Huobi

• Kraken, Bitfinex, and Gemini

• Binance, Coinbase, and FTX

• KuCoin, OKEx, and Bitstamp

What is a significant challenge for regulators in monitoring cryptocurrency exchanges?

• Lack of technology

• Limited number of exchanges

• High transaction fees

• Borderless nature of cryptocurrency

What makes it difficult for exchanges to identify sanctioned individuals?

• Complex methods to hide identities

• Limited access to technology

• Lack of staff

• High transaction volume

What is the SEC scrutinizing in the NFT market?

• Illegal crypto token offerings

• High transaction fees

• Lack of innovation

• Limited market growth

Why is the SEC interested in NFT projects?

• They are limited to a few exchanges

• They replicate traditional securities offerings

• They have high transaction fees

• They are not popular