London, 21st October – Leading RegTech Coinfirm and innovative fintech Nash are proud to announce a new partnership with the aim of enhancing the wider adoption of blockchain assets and their positive reception by governments. Coinfirm will provide its holistic AML Platform to Nash whilst incorporating Nash into the AMLT ecosystem as a Network Member.
Blockchain-based compliance is becoming more of a critical issue as governments look to tackle the threats of ransomware, money laundering and other forms of cybercrime across the globe. Serious-minded companies in the blockchain space recognize the necessity of compliance to secure a future for their operations if digital assets see wide adoption (and hence regulation).
“Nash continues to innovate in the crypto and blockchain space and therefore are a force of impressive drive in the industry. The Coinfirm team is proud to be partnering with Nash to create a safer blockchain economy and ensure that the risks nefarious actors bring continue to be stamped out. We look forward to supporting Nash in their compliance efforts and evolving with their innovations.” – Pawel Kuskowski, CEO and Co-Founder, Coinfirm
By supporting 270+ algorithms and risk analysis scenarios across one of the largest blockchain databases in the world – encompassing more than 1,500 cryptocurrencies and protocols – Coinfirm looks forward to teaming up with Nash to further employ its industry-leading compliance procedures to protect all stakeholders.
Nash’s non-custodial exchange utilizes the unique solution of an off-chain matching engine to combine the speed and functionality of centralized platforms with the security and trust of a decentralized exchange. Registered in Vaduz, Liechtenstein, the fintech leverages its technology to provide an all-purpose non-custodial cryptocurrency platform, with other services including MPC-secured user wallets, a solution for merchants to accept digital assets (Nash Link), a fiat ramp (Nash Cash), and an upcoming interest-generating product for holders (Nash Savings).
“Coinfirm understands the potential of digital assets to increase market efficiency and financial inclusion. We are happy to work together to ensure that Nash is fully compliant and so able to realize the potential of decentralized technology.” – Fabian Wahle, Chief Compliance Officer, Nash
Nash puts an emphasis on being compliant, as well as exploratory. It launched one of the first Security Token Offerings (STO) in Europe after its native token (NEX) received approval from the Liechtenstein Financial Market Authority (FMA) in late 2018, making it the first digital token fully registered as a European security.
Crypto and blockchain firms operating in the jurisdiction of Liechtenstein find a favourable, positive and clear regulatory environment that is conducive to stable business operations looking to scale. Nash will be the critical partner in Coinfirm’s network in the country.
Nash is a fintech company using blockchain as infrastructure for the digital finance space. Its products form an integrated financial services platform that is fully non-custodial, including an innovative off-chain matching engine that can process trades rapidly. Users can invest in, trade and make payments with digital assets and at no point will Nash control their funds. Nash was founded in 2017 by five open-source blockchain developers on three different continents and is registered in Vaduz, Liechtenstein. For more information, please visit: https://nash.io/
Coinfirm is a global leader in AML and regulatory technology for blockchain and cryptocurrencies. It offers the industry’s largest blockchain coverage, supporting over 1,500 cryptocurrencies and protocols including Bitcoin, Ethereum, Hyperledger, and many more. Coinfirm’s solutions are used by market leaders globally, ranging from crypto exchanges such as Binance, and protocols like XRP, to major financial institutions like PKO BP. The company’s services also include Reclaim Crypto, as well as Trudatum, a standalone regtech platform that allows any file to be registered, signed, and verified with 100% accuracy. For more information, please visit: https://www.coinfirm.com