#AIBC2026 @AIBC_World together industry leaders on June 2, for the panel discussion "The People's Perspective: Impact of Regulation on Innovation, Consumers, and Businesses." Beosin was honored to be part of it. 🤝 Our COO, Alex Cheng, joined fellow panelists from Sumsub @sumsub , GlobalMirandaMinerGroup @gmmg_official, and InnovationPH (iPH) to discuss how AML compliance, regulation, and innovation intersect across banking, crypto, and iGaming. From a compliance and on-chain risk lens, Alex Cheng shared a few key points: 🔍 Money laundering hasn't disappeared in Web3, it's just smaller, faster, and often goes unreported. Many VASPs have no obligation to file STRs, so the absence of headlines doesn't mean the absence of risk. ⚠️ The real vulnerability isn't regulated exchanges. It's unregulated, offshore VASPs and iGaming platforms with little to no KYT or transaction monitoring, where a leaked identity can open ten accounts in minutes. ✅ Hong Kong's VASP licensing regime, which enforces KYT and the Travel Rule, is a meaningful step forward. But as long as unregulated venues exist globally, illicit funds will keep flowing to wherever the doors are open. A big thank you to AIBC World and fellow panelists for such a thoughtful exchange. We look forward to more conversations on strengthening compliance frameworks across Web3 and traditional finance. 🎥 Full panel video in the comments. #Compliance #Blockchain #RegTech #AIBC2026 #CryptoCompliance #AntiMoneyLaundering #VASP(Beosin 🛡 Web3 Security & Compliance)