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Taurus collaborates with Coinfirm

Friday 11 February 2022 12:25 CET | News

Taurus, a digital asset platform for banks, and Coinfirm, a blockchain regtech, have partnered to improve the transparency of the digital assets and blockchain economy.

Taurus’ footprint with the full spectrum of financial institutions makes the company an ideal partner for Coinfirm’s ecosystem of VASPs, FIUs, and legal professional services that deploy advanced AML/CFT analytics. Through the Coinfirm collaboration, Taurus-PROTECTTM – Taurus’ custody solution – continues to give clients more choice to manage anti-money laundering and fraud risks, in full compliance with applicable laws and regulations.

Working with relevant industry associations worldwide to provide feedback on the effectiveness of current and potential anti-money laundering and countering the financing of terrorism regulations, Coinfirm is placed to help Taurus’ regulated financial institutions’ ecosystem to follow global crypto AML/CTF guidelines, including the EU’s 6AMLD and other supernational and national regulations.


Source: Link


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Keywords: partnership, digital assets, financial institutions, fintech, blockchain
Categories: DeFi & Crypto & Web3
Companies: Coinfirm, Taurus
Countries: World
This article is part of category

DeFi & Crypto & Web3

Coinfirm

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Taurus

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