Article

Upbit and Crystal partner to strengthen exchange’s compliance

by the Crystal marketing team

June 19, 2020

South Korea-based crypto exchange Upbit will use Crystal analytics to strengthen AML compliance procedures

Upbit, a South Korean digital asset exchange operated by Dunamu, has announced their partnership with Bitfury Group’s Crystal™ Blockchain, a cryptocurrency analytics platform that enhances regulatory due diligence procedures for cryptocurrency exchanges and crypto payment providers.

“Maintaining strong AML compliance practices is a top priority for Upbit and partnering with Crystal Blockchain is another significant step in strengthen our capabilities in that area.” — Spokesperson for Dunamu

“We at Crystal analytics are excited about this partnership with Upbit digital asset exchange as they endeavour to ensure that their compliance procedures meet current and future global regulatory standards. This is an important time to be supporting businesses as they meet the necessary legislative requirements.” — Marina Khaustova, CEO of Crystal Blockchain

About Upbit

(https://upbit.com/home)

Upbit, launched by Dunamu Inc. in 2017, is the largest digital asset exchange in South Korea. Equipped with world-class technology, regulatory expertise, and operational know-how, Upbit currently operates digital asset exchanges in South Korea, Singapore, and Indonesia.

About Crystal Blockchain

(https://crystalblockchain.com/)

Crystal is the all-in-one blockchain analytics platform, providing a comprehensive view of the public blockchain ecosystem. Crystal is available as a SaaS, API, or as an on-premise installation. Crystal is engineered by the Bitfury Group, the world’s leading full-service blockchain technology company.

Media contacts

 

Rachel Pipan, Bitfury Crystal
[email protected]

 

Similar news...

Article

by the Crystal compliance team

December 2, 2022

November 2022 Update on Crypto Regulatory Affairs

Chairman of Commodity Futures Trading Commission: Bitcoin is a commodity; what about Ethereum? What makes...

Read more

December 2, 2022

Article

by the Crystal Analytics Team

November 30, 2022

UPDATED: Report on Crypto Donations Raised in Support of Ukraine

 This updated report from the Crystal analytics team outlines the surge and dynamics in crypto...

Read more

November 30, 2022

Article

by the Crystal compliance team

November 17, 2022

ESMA warns crypto-assets industry about future crypto-crashes

Key highlights from ESMA’s report on crypto-assets and risks for financial stability  As we were...

Read more

November 17, 2022