XBO.com, the crypto change devoted to creating digital currencies accessible to all, immediately introduced it’ll associate with blockchain information platform Chainalysis to energy its compliance program, assist anti-fraud protocols, and monitor danger.
The partnership will be sure that it has best-in-class compliance know-how built-in into its resolution from the beginning.
XBO.com’s change platform will meet the market want for user-friendly and dependable buying and selling, leveraging social gaming UX components to spice up consumer expertise. XBO.com will make shopping for and promoting digital property easy for novice buyers that discover conventional crypto buying and selling platforms intimidating and skilled buyers alike. The corporate’s imaginative and prescient of “crypto for everybody” strengthens the founders’ perception that attracting newcomers to digital property can elevate and empower all buyers. The partnership with Chainalysis furthers XBO.com’s dedication to constructing belief of their forthcoming cryptocurrency companies.
“We’re thrilled to collaborate with Chainalysis, the benchmark of cryptocurrency Compliance & AML platforms. Other than offering safety and assurance to our purchasers, by harnessing its AML capabilities we have been in a position to collaborate with prime tier banks, cost service suppliers (PSPs) and different monetary establishments,” says Gilad Shalem, Chief Cost Officer at XBO.com
“We’re honored to collaborate with XBO.com and allow their group to launch their cryptocurrency choices with excessive regulatory compliance requirements in place,” says Sam Aued, Gross sales Director, Chainalysis. “XBO.com is constructed on the identical values as we constructed Chainalysis on – belief and transparency.”
XBO.com will undertake Chainalysis KYT (Know Your Transaction) and Reactor. Chainalysis KYT performs steady, real-time transaction monitoring for all cryptocurrency property to detect patterns of high-risk exercise. Chainalysis Reactor, the investigative device, supplies deeper due diligence into suspicious exercise.