Coinfirm, a provider of anti-money laundering (AML) risk assessment products and services, announced that Eterbase, a Europen-based cryptocurrency exchange, has now integrated the Coinfirm AML Platform and AMLT will be available to its users starting today, January 13th, 2020.
With the European Union’s 5th Anti Money Laundering Directive (AMLD5) coming into enforcement as well as the upcoming FATF requirements, Eterbase has joined other leading exchanges such as Binance and Overbit in recently integrating Coinfirm’s AML Platform and analytics solutions.
Founded in 2016, Coinfirm provides an array of solutions that automate and streamline AML and analytics for cryptocurrencies, allowing for entities such as Eterbase to fulfill their requirements and to do it more effectively and efficiently than ever before.
Offering AML risk reports with 270 risk checks and data points ranging from financial crime to counterparty identity, real-time cryptocurrency monitoring, tracking and investigation of funds, customization of risk and analytics data, the Coinfirm Platform provides a full suite for exchanges.
As a part of Eterbase integrating the Coinfirm Platform, they will also join their AMLT Network and make Coinfirm’s AMLT token available to Eterbase users. Launched in 2018, Coinfirm’s AMLT Network is the first industry solution that allows entities to share data on cryptocurrency addresses and be rewarded for it.
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