Cardano regulatory compliance is a ‘bad idea in all respects’, says Weiss Crypto

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On August 25, ratings firm Weiss Crypto posted a lengthy tweet on Cardano’s recent controversial partnership with Coinfirm, labeling the move as disappointing. Weiss Crypto has spoken out about Cardano’s drive to achieve regulatory approval for its ADA token, and the firm does not approve.

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On August 24, the Cardano Foundation integrated Coinfirm’s AML (anti-money laundering) analytics for its ADA token for compliance with Financial Action Task Force (FATF) guidelines

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  • Cardano regulatory compliance is a ‘bad idea in all respects’, says Weiss Crypto
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