Why Every Crypto Founder Must Master Political Strategy

As if your job wasn’t hard enough, you also have to deal with the guards; the regulators. From the justice system, through government agencies, to your company’s legal team, they hold the keys to the game. Whether it is regulating securities, derivatives and futures, managing tax implications, anti-money laundering (AML) protocols, know-your-customer (KYC) regulations or ensuring custody and monitoring to prevent fraudulent financial practices, the spectrum of oversight is vast. Like it or not, they’re here to stay, and they wield significant power. In some countries more than others, but in all cases, you cannot afford to ignore them. Guards can dramatically affect your vision and execution. Knowing the rules, learning them inside and out, and playing by them is essential because they can easily get in the way of your success if you don’t.