![Crypto Terms Glossary: What is Compliance? Crypto Terms Glossary: What is Compliance?](/img/66/306/what-is-compliance-sm.webp)
Compliance is the process of ensuring financial enterprises meet certain regulatory guidelines introduced by government bodies, such as the Securities and Exchange Commission (SEC) in the U.S. These guidelines seek to protect investors, ensure consumer confidence, and facilitate the transparency and efficiency of fair markets while reducing financial crime and system risk.