Coinfirm, Billion Partner to Make Blockchain Regulation-Friendly
On August 31, 2016, Coinfirm and Billon announced a partnership to make blockchain transactions more in-line with Anti-Money Laundering laws (AML), helping companies that deal with blockchains to better comply with the law. Blockchains Better Complying with Regulations. The two blockchain-focused companies have joined forces in an attempt to bring digital currency and blockchain transactions into the institutional and mass market. According to the press release about the partnership, the biggest challenges businesses and other commercial entities face with blockchain-based transactions and....
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LONDON — Blockchain AML and compliance firm Coinfirm has announced a partnership with Bisnode, a data and analytics company. By combining their respective specializations, the firms aim to bolster confidence in both blockchain technology and traditional finance markets. Coinfirm and Bisnode to Make Compliance, Blockchain Transactions Easier. “A major player in blockchain compliance and analysis and a major player in business intelligence and data analysis coming together is an obvious powerful combo that affects both the traditional and blockchain related business equation,” said Pawel....
Dash has entered a partnership with Coinfirm to create AML/KYC compliant methods of adoption for commercial and financial institutions. According to a press release from Coinfirm, this partnership marks the first-ever “interwoven solution” for cryptocurrency AML/KYC compliance. Dash Aiming at AML/KYC Compliance for Corporate Clients. According to Dash core developers, the partnership with Coinfirm “allows traditional commerce a tried-and-true pathway to embracing digital currency.” Dash finance director Ryan Taylor told press, “Coinfirm offers its customers truly world-class tools to meet....
Blockchain startup Coinfirm.io has announced the launch of the first Blockchain lab to collaborate on the innovation’s development, research and collaboration in the region. Coinfirm, a Polish blockchain startup has launched the Coinfirm Block Lab, a go-to hub for blockchain development and research. The platform also seeks to bring in regulatory institutions to participate and collaborate with developers and startups in the bitcoin and blockchain industry. In a collaborative effort, Coinfirm has also partnered with European bitcoin exchange Bitcurex along with other unnamed financial....
A recent partnership has Cardano in the news once again. Cardano Foundation announced that it was partnering with blockchain analysis provider Coinfirm to enhance the security of the blockchain and its token ADA. This partnership has sparked a lot of debate in and out of the community. As investors in the crypto space try to […]
Is regulation plausible in a completely decentralized environment? Blockchain analytics company Coinfirm recently unveiled a new anti-money laundering tool for the decentralized finance, or DeFi, niche of the crypto space — a sector facing regulatory crackdown on the horizon, according to Jakub Fijolek, Coinfirm's chief technology officer. "DeFi might soon have some regulatory issues," Fijolek told Cointelegraph in an interview. "The amount of funds that are flowing through DeFi is growing significantly."The DeFi niche of crypto has ballooned in 2020. In February, the total value locked in....