Announcements, press releases and perspective from the team building the next era of regulated money.
Source of Funds and Source of Wealth are both part of knowing your customer, and they answer different questions. One looks at the money used today, the other at how a customer’s wealth was built over time.
The two terms are often used as if they mean the same thing. They are separate controls that ask different questions, and a bank needs both working together.
Blockchain security is only one part of the story. For banks entering the world of digital money, the more important question is: who actually controls the asset?