#加密货币监管# New developments in Crypto Assets regulation! Paxos has reached a $48.5 million settlement with New York financial regulators, reflecting the regulators' high emphasis on AML and due diligence. Although this amount is not small, compliance operations are the cornerstone of the healthy development of the crypto industry in the long run. It is believed that through this incident, more projects will strengthen internal management to build a safer and more transparent environment for the Web3 ecosystem. Let's look forward to a more regulated and prosperous crypto future!