Riddle&Code, the specialist European blockchain interface company has engaged RegTech provider Coinfirm to leverage an AML compliance solution for digital asset management.
The firm aims to build and maintain the digital asset infrastructure for banks, cryptocurrency exchanges and funds. Coinfirm will strengthen its compliance with AML checks – benefiting from the RegTech’s expansive coverage of blockchain assets.
Alexander Koppel, CEO of Riddle&Code, stated: “Occasionally a true pioneer makes its mark on the market. RIDDLE&CODE is a new age organisation that is spurring adoption of the next wave of technological capability and mass adoption that digital asset custody brings. Coinfirm is proud to support RIDDLE&CODE in blockchain compliance.
“With our Digital Asset Management Solution, we developed a modular platform to manage digital assets and enable the tokenisation of physical non-bankable assets. Each of these business models requires the highest level of security and compliance with financial and regulatory provisions. We are proud to partner with Coinfirm to strengthen our products with their first-class expertise.”
Coinfirm’s AML platform consists of 270+ risk indicators able to catch nefarious actors with red flags for anything from AML and Countering the Financing of Terrorism to combatting fraud and dark net drug trafficking.
Pawel Kuskowski, CEO and Co-Founder of Coinfirm, added: “Occasionally a true pioneer makes its mark on the market. RIDDLE&CODE is a new age organisation that is spurring adoption of the next wave of technological capability and mass adoption that digital asset custody brings. Coinfirm is proud to support RIDDLE&CODE in blockchain compliance.”
