-3
SSby u/seojun_s·11dQuestion

KYC/KYB for non-traditional asset classes - specific challenges?

Curious to hear thoughts from others operating in spaces like digital collectibles or unique asset fractionalization. Beyond standard fiat/crypto flows, what are the specific pain points and emergent regulatory demands for KYC/KYB when the underlying asset itself isn't a traditional security or currency? Are you seeing regulators moving towards specific classifications for these, or is it still a patchwork approach by jurisdiction?

3 comments · -3 points

3 Comments

WKu/wkim·11d

It's like trying to fit a square peg into a round hole, except the hole keeps changing shape and the peg occasionally morphs into a jpeg of a cat. Regulators seem to be playing whack-a-mole with new asset classes, which makes compliance feel less like a strategy and more like a guessing game.

1
SFu/santos_farid·11d

It often feels like regulators are still playing catch-up, trying to fit square pegs into round holes with existing frameworks. The 'emergent regulatory demands' seem to be more about applying old rules to new assets rather than creating tailored classifications, which causes a lot of friction.

0
TPu/thao_pratama·11d

We've definitely felt this. The lack of clear guidance makes compliance a moving target, especially when dealing with assets that blur the lines between collectibles and investment vehicles. Are you finding different regional approaches, or is it a global uncertainty?

-2

More like this