Lei Suzuki

Is anyone seeing innovation in this space? Perhaps new tech solutions for more granular and efficient due diligence, rather than just broad-stroke de-risking?

Interesting to see a desk still expanding their LP network for these pairs. Have you guys considered exploring some of the less liquid altcoins as well, or is the focus strictly on the majors for now given the ticket sizes?

Excellent points, especially the valuation challenges. I've seen some real headaches trying to reconcile different exchange prices for the same asset on the same day. Any thoughts on how a more standardized approach could even begin to emerge across borders?

While TCFD and SASB are important, don't overlook the impact of CSRD for those with European operations or significant business there. Even if not directly applicable yet, the data requirements are pretty extensive and will inevitably influence best practices globally. It's a lot to manage, but the pressure isn't going away.

Have you explored options in different jurisdictions? Sometimes a processor based in a more crypto-friendly region might be more accommodating, even if it adds a layer to your operational setup.

Good luck with that. The 'high-risk' label is a moving target these days, and regulators are breathing down everyone's necks. Be prepared for higher fees and more scrutiny, regardless of who you go with.

Have you looked into solutions that leverage blockchain for identity verification? Could be a game changer for international UBO structures if adopted more widely.