Esch-sur-Alzette/Munich, 6 June 2023 – Scorechain, the leading crypto AML compliance solution provider, today announced a new partnership with Hawk AI, Germany’s leading software provider of anti-money laundering surveillance technology for banks, payment firms, and fintechs, to unveil a holistic end-to-end transaction monitoring solution for comprehensive compliance. With the partnership,
Scorechain is the leading European provider of blockchain analytics tools. Today, the company announces the launch of its advanced rule engine-based transaction monitoring system. Introducing our advanced transaction monitoring system The Scorechain team designed the new feature to help automate the crypto transaction monitoring process, making it faster, easier, and
Last week, the US and Germany, with support from Belgium, Poland, Switzerland, and Europol, announced the shutdown of ChipMixer, one of the largest crypto mixing services. The shutdown is related to Chipmixer’s alleged involvement in money laundering activities. The action resulted in the seizure of over 1,900 BTC in 55
Scorechain is the leading European provider of blockchain analytics tools. Our all-in-one crypto AML platform already supports over 30 blockchains. Today, we are happy to introduce our Polygon coverage and help customers enhance their AML monitoring for the blockchain. What is Polygon? Polygon is a blockchain network created in 2017.
OFAC adds additional Bitcoin address to the SDN list The Office of Foreign Asset Control (OFAC), a department of the US Treasury, is the authority responsible for sanction enforcement and managing the Specially Designated National (SDN list). The SDN list gathers individuals and entities that OFAC determined are involved in
XRP is one of the largest crypto assets by market capitalization. It has gained attention from financial institutions and investors for its potential to disrupt traditional banking systems. Here are 5 things you need to know about XRP. 1. What are Ripple and XRP Ledger? Ripple, founded in 2012, is
2022 has been a tough year for crypto assets, with the crypto winter and scandals that shook the industry. However, it also showed that the crypto industry needs better governance to regulate crypto activities and service providers while protecting consumer interests. While there was already a global trend in regulating
Luxembourg – 17.02.2023 Scorechain S.A. donates UNICEF Luxembourg a license for its blockchain analytics suite to monitor and verify its crypto donations. Scorechain’s donation offers access to the full suite of features and blockchains included in Scorechain Analytics, and to the Investigation Tool, for a total value of 30,000 EUR.
Scorechain’s CEO, Pierre Gérard, recently had an interview with BitCourier on how Scorechain assists companies in their crypto compliance journey. The interview was originally posted here. Hi there! Thanks for being here. Scorechain is a compliance solution for crypto asset regulation. Can you tell us about the problem that your
Recently, the Office of Foreign Assets Control (OFAC) issued its first crypto-related sanctions of the year. This first wave of sanctions targets individuals and entities supporting Russia’s military complex and evading US sanctions. The aim is to increase pressure on Russia for its invasion of Ukraine and limit its access