Navigating AML flags for new crypto ventures: Balancing growth and due diligence

Been seeing a lot of discussion lately about the increasing scrutiny on new crypto platforms, especially those venturing into DeFi or cross-border payment solutions. The challenge seems to be in scaling operations rapidly while maintaining robust AML protocols that satisfy various jurisdictions. I'm curious to hear how others are approaching this. Are you seeing specific red flags becoming more prominent in the crypto space compared to traditional finance? For instance, the velocity of transactions, the obscure nature of some wallet origins, or the rapid on-off ramping of funds. What strategies are proving effective in identifying and mitigating these risks without stifling legitimate user growth? It feels like a tightrope walk between innovation and compliance, especially with the ever-evolving regulatory landscape.