6 months after the launch of their AML/KYC solution for ICOs on their Platform, Coinfirm sets the global standard for Initial Coin Offering compliance
With Bitcoin and Dash alread implemented in our platform, when we started to work on the ETH and token based version of our AML platform in early 2017 only a few people globally thought about these issues. Today it’s becoming a standard that is not only required by banks to open an account, but also wanted by some founders who are now much more aware of the potential legal and regulatory risks connected with accepting money coming from illegitimate sources to finance their business
Paweł Kuskowski, COINFIRM Founder and the CEO
Although the blockchain market is still in the ultra-fast development phase, the awareness of its participants is equally dynamic. AML / KYC processes are currently recommended by all leading law firms specializing in the field and it’s also required by all of the banks who are open for doing business with businesses financed through an ICO. We begin to observe more and more professional investors in the space who are also putting a pressure on companies to implement advanced AML & KYC solutions
Coinfirm CEO and Co Founder, Pawel Kuskowski.