Press releases

Coinfirm's Atomic AML Oracle expands to 9 blockchain and 1.000 addresses

LONDON-(BUSINESS WIRE) - Coinfirm, the leading provider of anti-money laundering and traceability solutions for illicit assets, announces the expansion of Atomic AML Oracle to cover 8 more blockchain, in order to make subscriber compliance with cryptocurrencies even more stringent.

In line with the Financial Action Task Force's (FATF) recommendations published in the document Updated Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers in October 2021, the operators of the DeFi will be considered Virtual Asset Service Providers (VASP). In response to this initiative, Coinfirm created Atomic AML Oracle.

More and more national regulators are looking to include decentralized finance (DeFi) within their respective AML focus areas, in order to continue to fight terrorist financing, fraud, scams and other illegal activities.

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The original text of this announcement, written in the source language, is the official version that is authentic. The translations are offered solely for the reader's convenience and must refer to the text in the original language, which is the only legally valid one.

Contacts

For more details, please contact: amloracle@coinfirm.com

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