Dash and BlockchainIntel Establish Partnership to Strengthen Trust Across Cryptocurrency Ecosystem

Dash, the top digital currency for payments and e-commerce, today announced it has partnered with BlockchainIntel to provide exchanges with new compliance reporting that addresses increasing regulatory requirements. In recent months, regulators around the world have called for increased reporting of digital currencies. By leveraging BlockchainIntel, Dash is able to address these emerging requirements and continue to build trust between Dash users and the services and exchanges they engage.

“We are committed to supporting exchange access for our users,” said Ryan Taylor, CEO of Dash Core Group. “We are happy that our partner BlockchainIntel can address new exchange reporting requirements aimed at preventing money laundering and fraud. Companies such as eToroX are able to list Dash because they can provide the information regulators need using BlockchainIntel.”

BlockchainIntel, a leading provider of intelligent transaction monitoring solutions, helps exchanges increase trust among community members and ensure compliance of the exchange in the face of new regulations. Many risk factors need to be taken into account before establishing trust, a process that can be lengthy and incomplete without expertise and automation.

Based on experience with law enforcement, regulators and financial institutions, BlockchainIntel provides an automated way of identifying risk and providing the evidence…………

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Author: Michael Seitz
Original link: https://blog.dash.org/dash-and-blockchainintel-establish-partnership-to-strengthen-trust-across-cryptocurrency-ecosystem-4f06aa9656b0