Coinfirm - blockchain AML/KYC Platform with an aim to secure the safe adoption and use of blockchain technology - established a successful practice on how to manage risks related to AML and KYC on crypto market. The standard created by Coinfirm is respected by a broad number of stakeholders including international banks, who require it to onboard clients and funds from token sales.
“With Bitcoin and Dash already implemented in our platform, when we started to work on the ETH and token based version of our AML platform in early 2017 only a few people globally thought about these issues. Today it’s becoming a standard that is not only required by banks to open an account, but also wanted by some founders who are now much more aware of the potential legal and regulatory risks connected with accepting money coming from illegitimate sources to finance their business.” – says Pawel Kuskowski, Coinfirm Founder and the CEO.
Coinfirm AML / KYC platform was successfully used by ICOs from all over the world including major crypto financing hubs such as Switzerland, Gibraltar, Singapore as well as bigger markets such as Japan, USA, and the UK. Built on the use case used within the Coinfirm Platform for over a year, AMLT allows for a new level of transparency, security and compliance for the crypto economy by actively allowing data sharing from market participants.
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