Atlas ATS Partners With Strevus For KYC/AML Compliance
Digital currency trading platform Atlas ATS has partnered up with Strevus, Inc., a company specializing in compliance lifecycle management solutions for financial service institutions to help out Atlas's institutional clients be in compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance. In April, Strevus expanded their business model to encompass bitcoin and digital currencies. "The single biggest barrier to the institutional adoption of cryptocurrency is the conflict between the pseudonymous nature of the transacting counterparties and the regulatory....
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Compliance software developer Strevus has added support for bitcoin and other digital currencies to its existing compliance software service. The company says it will offer institutional-level compliance and support to bitcoin as well as other digital currencies. Strevus appears to be aiming to carve out a niche for itself by offering cutting edge know your customer (KYC) and anti-money laundering (AML) features for bitcoin platforms. The company argues that regulators are likely to adopt regulatory mandates similar to those already in place in traditional banking and trading networks.....
Ken Hoang is the Chief Executive Officer at Strevus — a provider of compliance lifecycle management solutions for financial services and digital currency firms. As Bitcoin becomes more mainstream, so does the need for global compliance, explains Hoang. CoinTelegraph got in touch with the Strevus CEO to discuss some of the most important and pressing issues for cryptocurrencies amid a spotty and ever-changing regulatory landscape. From New York State ’s proposed BitLicense to Client Due Dilligence 2.0, Hoang explains why regulatory compliance will be crucial for Bitcoin companies going....
New York-based bitcoin exchange services provider Atlas ATS has announced the launch of its latest international offering, Atlas ATS Europe. The product of a partnership with Spain-based bitcoin ATM network and exchange specialist Recol Pro S. A., the launch follows the announcement of Atlas ATS's Asian market entrance this July. That initiative found Atlas ATS partnering with China-based bitcoin ATM manufacturer BitOcean for a new, yet-to-be launched venture called BitOcean Japan. Speaking to CoinDesk, Atlas ATS CEO Shawn Sloves and chief marketing and communications officer Rafi Reguer....
Atlas ATS CEO Shawn Sloves announced the deal with NSX, allowing Atlas ATS to become the first U. S. regulated cryptocurrency exchange. Bitcoin and regulation, it is still a difficult story. Most people do not care when it comes to merchants accepting the virtual currency or any matter like that. However, when we're talking about cryptocurrency exchanges, there seems to be an audience for a more regulated environment. It is a delicate matter, after all. The hopes and prayers of these folks seem answered. Atlas ATS and The National Stock Exchange (NSX), today, announced they closed a....
Bitcoin trading platform Atlas ATS has teamed up with the New Jersey-based National Stock Exchange in an effort to speed up regulatory approval. With the move, Atlas ATS has revealed rather ambitious plans, as it is also in the process of launching a globally integrated bitcoin exchange in conjunction with Perseus Telecom. The firms hope to bring industrial-strength security and regulatory compliance to the world of bitcoin, with the aim of attracting institutional investors and individuals who do not want to deal with unregulated, often anonymous bitcoin exchanges. Bypassing red tape. The....