Hodling can be a nerve-wracking experience — and if crypto is left to languish in a cold wallet for several years, it can also end up being an unrewarding one.
What legal safeguards should you look for?Working with a licensed crypto company offers clients legal rights and helps ensure that they don’t run into regulatory trouble.Financial regulators and international banking bodies around the world are cracking down harder and harder on crypto companies that do not follow regulations, and it’s not just securities law violations they’re looking for anymore. Most notably, any firm dealing with crypto could face serious consequences if it doesn’t have Know Your Customer and anti-money laundering standards in place. One of the best ways to ensure that your cryptocurrency is in the hands of a company that won’t run into legal trouble is to choose one that is licensed by an internationally respected financial regulator
Źródło: https://cointelegraph.com/explained/how-to-make-hodling-worthwhile-explained
