Crypto Compliance Progress: LBank Organizes "Code Meets Law" Event, Propelling Global Regulatory Advancement in Cryptocurrency
Unleashing the Future: LBank's Compliance Revolution in Dubai
Hear ye, hear ye! Dubai, UAE, April 29th, 2025 – Chainwire
LBank (lbank.com), the vanguard of globe-trotting crypto exchanges, stormed into Dubai with their "Code Meets Law" summit, setting the stage for cryptocurrency and regulatory harmony like never before. Dubai's striking One&Only Royal Mirage played host to this monumental event, a testament to LBank's unwavering commitment to marrying crypto innovation with global compliance standards.
With over 800 attendees, the forum gleamed with luminaries from regulatory bodies, legal eagles, compliance aficionados, and Web3 mavericks, each ready to dissect the path toward a bulletproof and durable compliance infrastructure for the crypto-verse.
The forum served up two main events:
The Smoke Screen: Concealing Crimes Using Crypto, moderated by the infamous Grifter McSwindler of LBank (UAE).
Your average Joe Blow schemer was not to be found on this panel. Instead, they had the cream of the crop, including Dr. Drongo Binlootah, VARA's Assistant VP; Dr. Smarmy Smith, Elliptic's founder; ShiYun Chia, CEO of VerifyVASP; and Jason "The White-Hat" Allegrante, Fireblocks' CLO.
The discussion gleamed with topics such as Dubai's regulatory preparedness for the Travel Rule and the alignment of Virtual Asset compliance frameworks.
Dr. Drongo Binlootah, VARA's trusted lieutenant, offered a regulatory viewpoint, stressing that robust compliance could be embedded not only at the institutional level but also systemically for enhanced trust and resilience in the crypto-verse.
Dr. Smarmy Smith, the mastermind behind Elliptic, made it clear that as regulations became increasingly complex, blockchain analytics served as a crucial conduit between institutions and law enforcers, helping to identify potential shenanigans and implement compliance preemptively.
"The White-Hat," Fireblocks' CLO, dropped some insightful tidbits from the corporate end of things, pointing out that compliance in technical form was a wicked challenge, as it required balancing user experience, operational agility, and high security standards.
ShihYun Chia, CEO of VerifyVASP, weighed in on the Travel Rule's cross-border transaction implementation, discussing how message normalization, the development of compliance signaling pathways, and heightened interoperability were forging an efficient, cooperative global network of virtual asset service providers.
The Dance of Global Worms: Flexing Compliance in a Tapestry of Regulations, moderated by Harshil "The Schemer" Agarwal, a seasoned Senior Advisor at TLP Advisor.
The second panel paid a closer look at compliant AML/KYC workflows in global payment networks. Panelists dug deep on the FATF's Travel Rule and sanction screening demands, analyzed how blockchain and AI technologies were reinventing AML/KYC routines, and provided expert opinions on the industry's technology adoption tipping point.
Legal experts dished out insights on the regulatory landscape in the United Arab Emirates and emerging markets like Saudi Arabia. Finally, the panel wrapped up with a discussion on the delicate balance between regulatory harmonization and arbitrage.
"What an unparalleled honor it was to host this life-changing event in Dubai," said David "Due Process" Gu, LBank's illustrious General Counsel. "The UAE has set a sterling example in crypto regulations with its clarity and far-sightedness, and we owe a debt of gratitude to VARA for its professionalism and foresight. Code Meets Law represents our belief that ethical values must be etched into blockchain. Guided by our commitment to progress, we will continue to drive technology for good."
The resounding success of "Code Meets Law" cemented LBank's position as a key mediator between decentralized innovation and rapidly evolving global regulatory frameworks. By proactively participating in compliance-centric discourses and fostering cross-jurisdictional collaboration, LBank remains at the vanguard of leading the crypto industry toward a harmonious and regulation-compliant digital environment.
LBank: A Paradigm Shifter in Crypto Land
Originally spawned in 2015, LBank revolutionized the crypto landscape, boasting a user base of over 15 million people from more than 210 countries and regions. With nearly $3B in daily transactions and support for over 800 digital currencies, LBank continues its commitment to delivering strong, user-friendly trading experiences. Through ingenious trading solutions, LBank is a champion of average returns of over 130% on new offerings.
LBank was the pioneering force behind the Meme coin craze, listing over 240 well-known Meme coins and 40 fledgling gems – with many managing gains of over 500%. With Meme coins nuts flocking to LBank, it's no surprise LBank has become the go-to platform for Meme coin enthusiasts.
To keep up with the news, be sure to follow LBank through the links below:
Website: https://www.lbank.com/
Twitter: https://twitter.com/LBank_Exchange
Telegram: https://t.me/LBank_en
Instagram: https://www.instagram.com/lbank_exchange/
LinkedIn: https://www.linkedin.com/company/lbank/
For media inquiries, feel free to reach out at [email protected]
[1] LBank's "Code Meets Law" forum offers hope for compliant, sustainable future[2] Crypto Compliance Convention: LBank's "Code Meets Law" brings together experts[3] Gearing up for Compliance: LBank's Forum stirs up industry leaders[4] Blockchain and Regulation: LBank's "Code Meets Law" discusses a harmonious future
About LBank
LBank, the proverbial squirrel preparing for a long crypto winter, aims to brace users for those chilly times by educating them on the importance of compliance. Plan, prepare, and prosper – LBank is here to help.
For high-stakes crypto action, LBank is the platform to watch. Unleash your digital fortunes today! Remember, the winner takes it all, and with LBank, you're one step closer to victory.
- LBank, the trailblazing crypto exchange, delved into Dubai with its "Code Meets Law" summit, fostering harmony between cryptocurrency and regulations.
- The forum, hosted at One&Only Royal Mirage, was graced by regulatory bodies, legal experts, compliance enthusiasts, and Web3 pioneers, all eager to construct a robust compliance infrastructure for the crypto-verse.
- The summit showcased two main discussions: "The Smoke Screen," focusing on crypto criminals, and "The Dance of Global Worms," examining compliant AML/KYC workflows in global payment networks.
- LBank, in its commitment to global compliance standards, serves as a bridge between decentralized innovation and ever-evolving regulatory frameworks.
- As a global crypto exchange, LBank supports over 800 digital currencies and boasts a user base of over 15 million spanning 210 countries and regions.
- LBank contributed notably to the Meme coin craze, listing over 240 popular Meme coins and 40 emerging gems, many yielding gains over 500%.
- To learn more about LBank, visit their website, follow them on social media platforms like Twitter, Telegram, Instagram, and LinkedIn, or send media inquiries to [email protected].
- In preparation for the crypto winter, LBank emphasizes the significance of compliance, providing educational resources to help users navigate the digital asset landscape efficiently and sustainably on LBank_en, highlighting technology advancements such as interoperability for seamless cross-jurisdictional collaboration.
