Flexado has announced a new partnership with iDenfy, aimed at streamlining the onboarding process for its virtual office clients by integrating advanced KYC and AML compliance solutions. Flexado, known for revolutionizing the office landscape with remote virtual office offerings, provides businesses with professional locations without the associated high costs. iDenfy, a leader in identity verification and…
In a landscape where digital asset transactions are becoming ever more ubiquitous, the demand for stringent compliance and security measures has never been more critical. Addressing this need, Eesee, a next-generation gamified digital asset marketplace, has joined forces with Blockpass, a pioneer in compliance solutions. This partnership is poised to set a new standard in…
Cryptocurrency is rapidly moving into the mainstream financial space, and many of the largest crypto exchanges are seeking greater legitimacy and trust from regulators and politicians. Increasingly, these exchanges are enacting know-your-customer (KYC) protocols on their platforms, ostensibly to please these leaders. This move is fueling a heated debate among crypto advocates over the future…
One of the risks associated with cryptocurrencies, is their
potential in being used as a tool for money laundering. Only an insignificant percentage
of the market uses crypto for this purpose, yet there are growing concerns. With
time, this has led to the creation of numerous regulatory frameworks meant to
discourage crypto use for illicit activities like this, including…
Research shows that 65% of major exchanges and wallets have ignored KYC processes. Conducted by P.A.ID strategies , an analyst and consultant company that aids in the business development and project delivery. Commissioned by Mitek, a provider of digital identity solutions. Together they have revealed that leading crypto exchanges and wallet providers across…