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B2BX Exchange to Integrate Crystal Analytics for Enhanced Digital Asset Compliance




B2BX Exchange, a leading professional digital asset trading platform, has announced it will integrate Crystal Blockchain, a blockchain analytics platform engineered by the Bitfury Group, into its services to strengthen its anti-money laundering compliance.

B2BX will use the Crystal analytics platform to better verify customers and their audit balances to prevent money laundering and other illicit activities on the B2BX platform. Crystal analytics provides rich insight into cryptocurrency transactions, including identities, risk scores, and transaction histories, which will be used by B2BX to enhance its due diligence and adopt smarter cryptocurrency compliance processes.

B2BX - Crystal AnalyticsArthur Azizov, CEO of B2Broker/B2BX Exchange, commented, “We are looking forward to using Crystal analytics to improve our AML procedures and avoid the facilitation of illicit activities such as the trading of stolen coins.  Crystal analytics is helping the entire cryptocurrency community in the fight against theft and resale of stolen cryptocurrency, a mission we fully support.”

Marina Khaustova, CEO of Crystal Blockchain, added, “Crystal is the ideal platform for digital asset companies looking to improve their AML procedures. Our collaboration with B2BX helps further the fight against illicit actions on blockchains, allowing for better compliance and more security within and beyond the blockchain community.”

The Crystal analytics platform is engineered by Bitfury, the world’s leading full-service blockchain technology company.

The decision by B2BX Exchange to integrate Crystal analytics into its services was based on Bitfury’s deep technical expertise and the company’s commitment to improving security and transparency on public blockchains.

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