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Binance Korea Partners With Coinfirm To Deploy An Anti-Money Laundering Tool

Janelle Fox

Summary: Binance’s Korean crypto trading arm has partnered with Coinfirm, the blockchain analytics startup, to better ensure anti-money laundering (AML) compliance. According to an announcement on Tuesday, the partnership will see Coinfirm’s AML solution integrated with Binance Korea’s services on Binance Cloud, the platform for launching digital asset exchanges. The platform first launched in April to ...

Binance’s Korean crypto trading arm has partnered with Coinfirm, the blockchain analytics startup, to better ensure anti-money laundering (AML) compliance.

According to an announcement on Tuesday, the partnership will see Coinfirm’s AML solution integrated with Binance Korea’s services on Binance Cloud, the platform for launching digital asset exchanges. The platform first launched in April to allow Binance’s digital asset trading infrastructure to be rebranded by smaller exchanges for their local markets.

By Janelle Fox

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