Mar 15, 2019
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LATOKEN’s Payex OU partners with Bitfury’s crystal for blockchain regulatory compliance

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Payex OU has signed an agreement with Bitfury, to use its all-in-one Bitcoin Blockchain investigative tool to implement new Know Your Transactions [KYT] policies. The CrystalTM software, a leading analytics platform engineered by the Bitfury Group, offers a comprehensive view of the Bitcoin Blockchain, using advanced analytics and data scraping to identify suspicious transactions and associated entities.

The Crystal analytics platform was specially designed for financial institutions working on the deployment of compliance and due diligence policies. The use of the Crystal software is a necessary step as Payex OU moves towards full compliance with European Union regulations, including the fifth EU Anti-Money Laundering Directive [5AMLD] released in June 2018.


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