Popular Digital Currency DASH Partners with Global Compliance Provider Coinfirm

September 28, 2024 by
Popular Digital Currency DASH Partners with Global Compliance Provider Coinfirm

For the first time ever, a major digital currency, Dash, has announced the direct cooperation with a blockchain compliance platform provider, Coinfirm.

The partnership creates the first Interwoven solution for AML/KYC compliance in cryptocurrency, the fastest-growing sector in finance.

London operated Coinfirm will provide Dash with the capacity for safe adoption by commercial or financial institutions that require full-fledged compliance without impinging Dash’s optional privacy features.

Coinfirm’s solution offers the growing Dash market with the opportunity and option to access Dash via regulated services, if they so choose, while maintaining Dash privacy.

Dash core developers claim that the union allows traditional commerce a reliable pathway to accepting digital currency, which is the ultimate goal for industry hubs.

Ryan Taylor, Director of Finance at Dash, said, “Coinfirm offers its customers truly world-class tools to meet regulatory requirements in an easy and effective manner. Dash benefits greatly from Coinfirm’s integration by accelerating the onboarding process for regulated businesses. By integrating Dash, Coinfirm also joins a growing list of businesses that recognize Dash’s up-and-coming status, and we’re excited about the opportunities this integration opens for our ecosystem and our users.”

“This partnership is a historic development for digital currencies and blockchain. We’re proving how a digital currency and compliance are able to successfully work side by side,” said Pawel Kuskowski, Co-Founder and CEO of Coinfirm. “Our mission is to make compliance automatic, seamless, and an easy-to-use utility. With a ready compliance solution, we hope to help Dash evolve into the mainstream currency that it plans and deserves to be. We can’t stress how exciting this is for us and how impressed we’ve been with Dash and their long-term approach to their ecosystem.”

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