E81: Bull Run: Is crypto still the Wild West of compliance?

Whisper it quietly, but crypto might be back.

The industry is feeling confident following a few tough years, with Bitcoin’s market value skyrocketing, bills passing through U.S Congress, gold credit cards, and sushi served on scantily clad models at industry parties...

But, alongside this fresh industry confidence, there is the backdrop of FTX founder - Sam Bankman-Fried - being sentenced to 25 years in prison, Binance executives going through the courts in Nigeria, and billions of dollars evading sanctions and being sent to Russia via cryptocurrency exchanges. 

So, where does all this leave us as we approach a new crypto boom? 

In the latest episode of The Laundry – our expert host, Marit Rødevand, is joined by Jessica Cath, Head of Financial Crime at Thistle Initiatives, and James Young, Head of Compliance & MLRO at Transak.

The panel discuss: the lessons learned from crypto’s rise to the mainstream, the challenges still to overcome for compliance professionals, what the future holds in terms of new regulation.

Producer: Matthew Dunne-Miles

Engineers: Dominic Delargy, Nicholas Thon

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The Laundry podcast: Dive deep into the intricacies of financial crime, AML (anti-money laundering), compliance, sanctions, and the ever-evolving landscape of financial regulation.

Hosted by Marit Rødevand and Fredrik Riiser – this podcast features renowned experts from banking, fintech, compliance, and investigative journalism.

Together, they shed light on the industry's trending topics, analyse mainstream news through a compliance-focused lens, and connect the fight against financial crime to its real-world consequences and ramifications.

The Laundry is proudly produced by Strise, an AML Automation Cloud.

Get in touch at: [email protected]

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