DERIV PROWESS
Empowering Lesotho Through Cryptocurrency Services in Deriv – A Seamless Payment Gateway with Tax, KYC, and AML Compliance Introduction As a proud Deriv affiliate in Lesotho, I am on a mission to bridge the financial gap by introducing cryptocurrency trading and developing a seamless payment gateway that integrates the local currency, the loti, with cryptocurrencies. This initiative aims to empower individuals, entrepreneurs, and freelancers by providing access to global financial markets and facilitating efficient currency exchange. However, to ensure the legitimacy, security, and long-term sustainability of this payment gateway, it is essential to comply with tax regulations, Know Your Customer (KYC) requirements, and Anti-Money Laundering (AML) measures. This proposal outlines the creation of a comprehensive payment gateway while integrating crucial compliance mechanisms to ensure legal and regulatory adherence in Lesotho’s evolving financial landscape. As an affiliate, I emphasize