- BIGG Digital Assets (BIGG) subsidiary Blockchain Intelligence Group has partnered with ZignSec to enhance crypto compliance
- ZignSec develops and operates a technical platform that houses different types of ID verification methods
- Blockchain Intelligence Group will integrate BitRank Verified into ZignSec’s compliance marketplace
- ZignSec’s compliance capabilities cover anti-money laundering, politically exposed persons, sanctions checks and online ID verification
- Blockchain Intelligence Group enables the tracking, tracing and monitoring of cryptocurrency transactions at a forensic level
- BIGG Digital Assets invests in products and companies to support the future of crypto as a safe, compliant and regulated environment
- BIGG Digital Assets (BIGG) is up by 4.58 per cent and is currently trading at $1.60 per share
BIGG Digital Assets (BIGG) subsidiary Blockchain Intelligence Group has partnered with ZignSec to enhance crypto compliance.
ZignSec AB is a regulatory technology ecosystem listed on the NASDAQ Nordic stock exchange. The company develops and operates a technical platform that houses different types of ID verification methods.
Blockchain Intelligence Group will integrate BitRank Verified into ZignSec’s compliance marketplace. Paired with ZignSec’s aggregator capabilities, customers will be able to use crypto investigation tools and wallet-tracking to simplify and streamline compliance with local Know Your Business and Know Your Customer regulations.
Blockchain Intelligence Group customers will gain access to ZignSec’s value-added compliance capabilities, including anti-money laundering, politically exposed persons, sanctions checks and online ID verification.
Blockchain Intelligence Group believes ZignSec affords it an established, go-to-market partner to target European financial centers and institutions.
Lance Morginn, President of Blockchain Intelligence Group, commented,
“The global financial market is embracing cryptocurrency and requires a comprehensive solution to stay compliant in the eyes of regulators around the world. BIG and ZignSec are fully transparent, listed companies well-positioned to be the ultimate trustworthy providers of cutting-edge cryptocurrency and compliance solutions. Partnering with ZignSec supports our mission to bring cryptocurrency to the mainstream while creating peace-of-mind in a highly regulated industry.”
Timm Schneider, CEO of ZignSec, added,
“Without a doubt, cryptocurrencies and digital assets are going to play a growing role in financial transactions and investment portfolios but will stay controversial for many authorities. The global market already is extremely fragmented and needs agile risk systems to ensure compliance for those who agree to comply with the rules and even more agile forensics and enforcement tools for those who don’t. The partnership with BIG will make compliance work for providers and authorities much easier.”
Blockchain Intelligence Group enables the tracking, tracing and monitoring of cryptocurrency transactions at a forensic level.
BIGG Digital Assets invests in products and companies to support the future of crypto as a safe, compliant and regulated environment.
BIGG Digital Assets (BIGG) is up by 4.58 per cent and is currently trading at $1.60 per share as of 10:24 am ET.
