Is compliance a protective umbrella?
Don't joke, Canada's recent move is a "targeted elimination"!
🚨 What happened:
Canada's FINTRAC unexpectedly revoked the registrations of dozens of cryptocurrency institutions.
This is not a routine matter,
this is a "loud" expulsion battle.
Pixiu·Spicy Commentary:
Stop fantasizing about the idea that "compliance is a big trend."
In the eyes of regulators, a license is not a certificate awarded to you,
but a GPS strapped around your neck, making it easy to catch you at any time.
The so-called compliance costs
are actually the "guillotine" ticket for small and medium-sized institutions.
Before we even set sail towards the stars and the sea,
we were sunk by these suited individuals on the shore.
The truth:
In this circle,
the most expensive candy is always the anesthetic before the cut.
True safety is the private key in your hand,
not a piece of waste paper issued by someone else.
👇 Let's chat in the comments: Do you still think that "getting a license" is a bonus for projects?