UK Regtech Firm ComplyAdvantage Adds Elliptic to Its Crypto Compliance Suite

Posted on by American Coins & Gold

UK Regtech Firm ComplyAdvantage Adds Elliptic to Its Crypto Compliance Suite
London-based regtech firm ComplyAdvantage is beefing up its cryptocurrency anti-money laundering (AML) capabilities by partnering with blockchain sleuthing company Elliptic.ComplyAdvantage is already working with crypto firms like Paxos and Gemini, but mainly to assist on the fiat AML side of things, said ComplyAdvantage Vice President Rob Dickinson. White-labeling Elliptic’s blockchain tracking and wallet attestation provides Dickinson’s firm with deeper on-chain detection tools.“What we already provide for some of the larger crypto exchanges is the behavioral side. So looking at when Entity A sends money to Entity B via Entity C,” Dickinson explained in an interview. “Elliptic then gives us the…