Guidepost Solutions advises financial technology company Neema on regulatory issues in connection with Neema’s development of SOV, a digital currency that has been approved as the official legal tender, i.e. fiat currency, of the Republic of the Marshall Islands. Specifically, the Guidepost Solutions team supports Neema’s efforts to build into the SOV programming state-of-the-art controls to meet all Bank Secrecy Act and anti-money laundering requirements. For this engagement, Guidepost Solutions registered with the U.S. Department of Justice as an agent of the Republic of the Marshall Islands.
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