What The Cardano-Coinfirm Partnership Means For Investors
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 […]
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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....
A new partnership between Cardano and blockchain-based firm Coinfirm has drawn criticism from its community. The Cardano-Coinfirm partnership will enable authorities to track ADA transactions on the blockchain from as far back as when it was first created. This, according to the press release, will enable the apprehension of bad actors and prevent illegal transactions from being carried out on the platform. Complying with anti-money laundering (AML) regulations within regulations. Related Reading | Hoskinson Celebrates Ethereum Smart Contracts On Cardano, How This Company Enables It....
Coinfirm said it would be able to provide the same AML/CFT analytics for assets minted on Cardano, a number which may grow as the project prepares to expand to smart contracts. The nonprofit organization behind Cardano has partnered with blockchain analytics provider Coinfirm to ensure ADA is in compliance with the Financial Action Task Force’s guidelines.In an Aug. 24 announcement, the Cardano Foundation said it would be using Coinfirm’s services to provide Anti-Money Laundering, or AML, and Combating the Financing of Terrorism, or CFT, analytics for Cardano’s native cryptocurrency ADA.....
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....
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....