Navigating Crypto Compliance as a Freelancer
Freelancing/Online work exchange
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More freelancers are accepting cryptocurrency, but it’s not just about getting paid faster—it comes with compliance challenges.Regulations like AML and KYC rules mostly target exchanges, but freelancers can be caught in the crossfire. Depending on your location, crypto may be considered an asset, currency, or security, and new legislation like the GENIUS Act is changing the landscape constantly.
Tip: Keep meticulous records of transactions and know your client verification obligations to avoid regulatory headaches.
Freelancing in Crypto:
️ Crypto Pay ≠ Compliance-Free: