Blockchain Regtech Leader Coinfirm to Launch AMLT Token for Anti-Money Laundering Compliance

[coincrypto]

Coinfirm, a global leader in blockchain AML/CTF and compliance is releasing a dedicated token, AMLT, to deliver one of the most needed solutions for blockchain adoption by allowing market participants to help determine the potential risk of others.

Coinfirm has been raising the standards of tech solutions for compliance in the blockchain and financial ecosystem through their AML/CTF Platform. The platform delivered a solution for AML/CTF needs for cryptocurrency and blockchain-related companies that allows for the safe adoption of cryptocurrencies and blockchain by players in the traditional economy. AMLT adds a new level of transparency to the ecosystem by acting as the mechanism allowing entities to rate and provide information on other market participants into the Coinfirm AML/CTF Platform, with AMLT as their reward for the valid data they provided.

Coinfirm already works with world-class partners and clients ranging from major virtual currency players such as Dash and RSK, to leading financial institutions such as SEI. As a key link in bringing virtual currencies and blockchain to the mass market and a wider range of organizations, Coinfirm is introducing AMLT, its dedicated token to build the next step towards ensuring transparency and democratization of the financial system.

The utility token set for sale later this year allows the holder access rights to the Coinfirm AML/CTF Platform as well as a range of prepaid products. AMLT helps build the global standard for AML/CTF compliant blockchain transactions and a secure, transparent and compliant economic system that promotes financial inclusion and fair treatment.

https://coinidol.com/blockchain-regtech ... ompliance/

[coincrypto]

Global Citigroup Managing Director as well as ex-Global Sales Head at SAP among those who joined Coinfirm

Coinfirm, one of the leading companies operating around AML/CTF compliance and regtech in the blockchain space announced it has added deeper strength and experience to its ranks. The list of established advisory board members, working with the company for 6 months now include:

● Ruth Wandhofer, Global Managing Director at Citigroup, Regulatory, Market & Innovation Strategy.

● Julian Johnson, former Global Head of Sales and Executive Vice President in top enterprise software businesses such as SAP, Oracle or Microsoft

● Pawel Tomczuk, entrepreneur and angel investor, founder of the largest strategic communications firm in Central Europe that was eventually sold to Publicis Groupe.
Also as of the beginning of November, Pawel Tomczuk, took the position as the Chairman of Coinfirm. Among the new team members who joined Coinfirm’s advisory board are:

● Lee Byrne a regulatory veteran, who serves as the International AML Advisor

● Harry Saito, former KPMG Executive Director and CEO of Tokyo International Consulting, who joins as Senior Advisor for Japan - the market with the most advanced adoption of cryptocurrencies.
Both of them have been working with the company as consultants for over 3 months before joining the advisory board.

https://coinidol.com/coinfirm-adds-citi ... ory-board/

[coincrypto]

Coinfirm Partners with TokenMarket to Bring Effective Anti-Money Laundering Process to ICOs

LONDON, Nov 16, 2017 - Coinfirm and TokenMarket announced today a collaboration to bring effective anti-money laundering to the blockchain space and to ICOs.

Token sales have been a hot topic in the tech and finance world and yet the regulatory aspect and need of an end-to-end service have been seriously lacking for this growing fundraising activity. With $3.4bn raised this year through token sales, businesses are seeing a need to self-regulate through the adoption of AML practices. To further complicate this challenge, jurisdictions are adopting varying definitions and regulatory standards towards the process of token sales. Now, Coinfirm and TokenMarket are taking the necessary steps to stay ahead of the curve by ensuring the highest standards of regulatory compliance for token sales.

Coinfirm, known as a leading blockchain regtech and compliance company, has been providing compliance services for both blockchain and traditional industry players around the world through the Coinfirm AML/CTF Platform. Recently, Coinfirm announced that they were introducing a streamlined and automated AML/CTF solution for Ethereum and associated Tokens and ICOs.

As the premier platform for ICO’s, TokenMarket provides a full token sale advisory service underpinned by a firm commitment to raising standards across the entire token ecosystem. TokenMarket promotes the need for those running token sales to seek solid legal advice to understand the KYC and AML requirements and as needed, adopt a solution like Coinfirm.

https://coinidol.com/coinfirm-partners- ... s-to-icos/

[Vladar49]

Quanta Partners with Coinfirm to Bring Compliance and Mass Adoption to Their Blockchain Lottery Platform

Coinfirm to help Quanta develop strict anti-money laundering and counter-terrorism financing prevention methods and streamline compliance processes through the Coinfirm AML/CTF Platform

LONDON, UK, December 7 2017 - Quanta has announced its partnership with leading global regulation technology company Coinfirm to ensure being the first global and compliant blockchain lottery.

Quanta has enlisted Coinfirm to help identify and solve problems related to achieving and maintaining compliance and adhering to regulations. Through its API and structured reports, Coinfirm will help Quanta develop strict AML/CTF and fraud prevention methods, streamline the compliance process and give Quanta the ability to safely realize its potential and goals.

Gaming is one of the most heavily regulated industries in the world, and being a pioneer requires particular care and attention to established requirements. Achieving full compliance is one of Quanta’s most important goals and the company are taking significant steps to ensure success through a strategic alliance with Coinfirm.

https://coinidol.com/quanta-partners-wi ... n-lottery/

[Vladar49]

Blockchain Leaders Coinfirm, NEO and QRC Partner to Build Smart Economy Ecosystem

AML/CTF risk and compliance platform Coinfirm, China-based blockchain giant NEO and blockchain venture platform QRC collaborate to address an industry-wide regulatory roadblock and to build a compliant blockchain economy.

LONDON, 13 December 2017 - Regtech leader Coinfirm announced today it has partnered with the blockchain platform NEO and the specialist venture platform QRC to nurture a compliant blockchain ‘smart economy’, with a particular focus in Asia.

The collaboration launched this week when Coinfirm CEO and Co-Founder Pawel Kuskowski and QRC CEO Adam Vaziri joined the NEO team at NEO’s blockchain competition kick off event in Tokyo. The three entities, who share a common interest in fostering compliance, will join forces in a program that will help spur development on the NEO blockchain -- a pillar in the Chinese blockchain community.

Read more: https://coinidol.com/coinfirm-neo-and-q ... ecosystem/