05 December, 2022 Grant Thornton Blockchain (Cyprus), member firm of one of the world’s largest professional services networks, has partnered with Coinfirm to provide its clients access to a comprehensive suite of tools that will help them become compliant with international money laundering regulations.
The partnership brings together two companies at the forefront of the blockchain industry. Coinfirm provides to Grant Thorton Blockchain (Cyprus) comprehensive data and analytics on illicit assets powered by machine learning algorithms.
“We are extremely proud to work together with Grant Thornton Blockchain (Cyprus) and enrich their service portfolio with AML Risk Tools and Data powered by Coinfirm” said Monika Godek, Coinfirm Director of Global Strategic Partnerships. “The main purpose of our strategic collaboration is to reduce risk and support comprehensive growth for all crypto players in a compliant and safe manner.“
“Our work together will help our clients understand their risk profile better so they can make more informed decisions about how they do business and remain compliant with the ever-changing regulatory requirements.” – said George Agathangelou, Business Development Director at Grant Thornton Blockchain (Cyprus).
Grant Thornton Blockchain (Cyprus) has integrated Coinfirm’s advanced analytics and illicit asset tracking solutions to help the firm’s clients be compliant with the Financial Action Task Force’s guidelines.
About Grant Thornton Cyprus
Grant Thornton Cyprus is a Cyprus based leading accounting and advisory firm providing accounting, audit, tax, and advisory services to private and public organizations. We help dynamic organizations unlock their potential for growth by providing meaningful, actionable advice through a broad range of services. Grant Thornton Cyprus is a member of the Grant Thornton International Ltd professional services network, whose member and correspondent firms operate in over 130 countries worldwide.
To learn more visit www.grantthornton.com.cy
About Coinfirm
Coinfirm is the world leader in blockchain analytics and RegTech solutions, creating a safer blockchain economy – by protecting entities from being tainted with funds originating from illicit activities like ransomware hacks, human trafficking and terrorist financing – through risk scoring entities, addresses and transactions.
The company, using 350+ proprietary risk algorithms while monitoring 25k+ blockchain entities, provides seamless, scalable tools to comply with stringent regulatory requirements for both CeFi and DeFi.
For more information visit: www.coinfirm.com
