Singapore/Hong Kong, 15 December 2020 – Elliptic has gained within the RegTech class for Blockchain within the third Regulation Asia Awards for Excellence 2020 in a web based ceremony on 15 December 2020.
Elliptic is a blockchain analytics supplier that seeks to handle AML/CFT compliance within the cryptoasset sector. Its Navigator resolution has tracing capabilities and configurable danger guidelines that carry a constant and correct understanding of the supply and vacation spot of funds for over 100 cryptoassets, representing 97 p.c of the market by buying and selling quantity, the broadest protection of any blockchain analytics supplier.
Elliptic serves over 100 prospects in 28 nations, together with a few of the largest cryptoasset exchanges and buying and selling platforms, and screens over USD 4 billion in cryptoasset transactions month-to-month, making a danger rating for each transaction. Its multi-asset blockchain information, protecting thousands and thousands of addresses, is underpinned by strong information assortment and validation methodologies which can be constantly uncovering new forms of illicit exercise.
“Elliptic seems to have created a brand new AML monitoring customary for cryptoassets, which over time promotes transparency, accountability and investor confidence within the sector,” stated one decide on the awards panel. “It has a well-established instrument and has signed on a few of the largest cryptoasset gamers as purchasers. A pacesetter in its discipline, clearly.”
In regards to the Regulation Asia Awards for Excellence 2020
The Regulation Asia Awards for Excellence recognises monetary establishments, know-how firms, authorized and consulting corporations, exchanges and different gamers which have helped meet the challenges of the ever-changing and more and more complicated regulatory panorama in Asia Pacific. Every year, submissions are diligently evaluated and award winners chosen by a panel of business specialists serving as judges.
For a full checklist of the award winners, go to www.regulationasia.com/awards.
About Regulation Asia
Regulation Asia is the main supply for actionable regulatory intelligence for Asia Pacific markets. With over 8,500 subscribers, together with regulatory our bodies, exchanges, banks, asset managers and repair suppliers, Regulation Asia performs a key function in shaping the regulatory agenda.