In July, we hosted an amazing event covering AML regulations in cryptocurrency. Our discussion panel featured some brilliant folks including lawyers, financial compliance leaders, and crypto exchange experts!

Be sure to visit us over at blockgeeks.com for everything you need to know about blockchain, cryptocurrency, and so much more!

#Elliptic & The Future of #KYC / #AML/ #compliance of Blockchain Transactions by #Simone #Maini & #Vorawan #Wangpanitkul

Simone Maini of #elliptic
Vorawan Wangpanitkul #wangpanitkul of #SCB10X

“[Elliptic’s products] help users understand and manage their risk exposures.”
“We recognized very quickly that [our AML technology] is going to be a [core technology] for the growth of the industry.”
“Crypto is highly regulated and has been for some time.”

* These contents contained herein are created by the speaker at his/her discretion. The content made available to the public shall not be treated as a recommendation, or investment recommendation to any digital asset.

#SCB10XREDeFiNETOMORROW
#scb10x

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In this webinar, we’ll explore the regulatory and operational challenges tied to virtual assets and explain how adding a layer of technology and innovation to traditional checks can help you reduce onboarding time, costs and risk.

For financial institutions facilitating transactions involving cryptocurrencies, confidently assessing source and destination of funds is critical. The significant growth in cryptocurrency transactions has made fraud difficult to trace, and presents complex AML challenges for compliance professionals across the financial services industry.
While cryptocurrencies are a fast-growing haven for money launderers, blockchain technology is proving a valuable player in addressing these challenges and creating a digital trail. The characteristics of blockchain have the capacity to not only help banks meet AML requirements for cryptocurrencies, but help compliance departments identify fraudulent accounts, links to dark web marketplaces and proceeds of thefts.