While Telegram and WhatsApp are fine for most retail users, institutions are held to higher standards when it comes to compliant messaging apps.
As the crypto industry matures, pragmatism and common sense are slowly creeping into the idealistic, messy business of blockchain tech.
For years, crypto founders have declared that they’re reinventing the financial system. And although the focus has been on big ideas and innovative financial engineering, many crypto products and services remain off-limits to regulated organizations.
As banks, OTC desks, and institutional investors enter the space, they find the basic infrastructure of serious finance either missing, or lacking in the compliance tools that allow them to fully participate.
