Coins.ph will integrate Elliptic solutions upang palawakin at mapalakas ang crypto compliance capabilities nito sa Pilipinas.
Elliptic, ang global leader sa crypto asset risk management, is proud to announce na napili sila ng Coins.ph, a leading regulated digital wallet at cryptocurrency exchange sa Pilipinas, upang gamitin ang kanilang solusyon para matulungan ang Coins.ph na mapanatili at mapalawak ang kanilang comprehensive crypto compliance capabilities in a fast-growing and increasingly regulated market.
By integrating with Elliptic Lens para sa wallet screening at Elliptic Navigator para sa transaction monitoring, makakamit ng Coins.ph ang compliance needs at maari nitong isagawa ang AML practices upang palawakin ang kanilang negosyo while managing cost and risk with a high degree of transparency para protektado ang customer interests.
Capabilities at benefits:
- Automated Crypto Asset Transaction Monitoring - Empowering Coins.ph by enabling configurable risk parameters, at binabawasan ang human errors na nauugnay sa transaction risk scoring by leveraging Ellipitic’s blockchain analytics.
- Screening of Crypto Wallets In Real Time - Monitoring of crypto activity across all crypto transactions and assets.
- Configurable Risk Rules - Tune risk rules upang mag-comply sa specific regulatory requirements sa Pilipinas upang mas mapabuti ang pag-screen at pag-alert ng high-risk transactions.
Coins.ph ay ang unang crypto-based company sa Asia na mayroon Virtual Currency at Electronic Money Issuer licenses galing sa central bank, at ang integration with Elliptic ay mas masusulong ang Coins’s compliance capabilities and regulatory standards.
"As a BSP-regulated crypto exchange and digital wallet in the Philippines, Elliptic's services provide us with an integrated, automated compliance solution that enables us to meet regulatory standards and requirements. Elliptic’s scoring capabilities, configurable risk-rules, as well as the extensive selection of chains and cryptocurrencies supported are crucial for Coins’s compliance and operations,” said Coins CEO Wei Zhou.
Elliptic’s solutions ay gawa sa hundreds of billions of proprietary data points na nag-aalok nang lagpas 98% coverage of crypto transactions sa pamamagitan ng trading volume, kasama ang largest collection of crypto exchange risk profiles. Ang Elliptic ay ginagamit ng largest financial institutions at exchanges globally dahil hindi lamang nito tinutulungan makamit ang regulatory requirements pero pati na din makamit ang unparalleled efficiency gains within compliance.
About Coins.ph
Launched in 2014, Coins.ph is the most established crypto brand in the Philippines and has more than 16 million users. Through the easy-to-use mobile app, users can buy and sell a variety of cryptocurrencies and access a wide range of financial services. Coins.ph is fully regulated by the Bangko Sentral ng Pilipinas and is the first crypto-based company in Asia to hold both Virtual Currency and Electronic Money Issuer licenses from the central bank. For further information, contact press@coins.ph.
For more information about Coins.ph, visit https://coins.ph and follow us on Facebook, Twitter, and Instagram.
About Elliptic
Elliptic is the global leader in cryptoasset risk management for crypto businesses, governments, and financial institutions worldwide. Recognized as a WEF Technology Pioneer and backed by investors including J.P. Morgan, Wells Fargo Strategic Capital, SBI Group, and Santander Innoventures, Elliptic has assessed risk on transactions worth several trillion dollars, uncovering activities related to money laundering, terrorist fundraising, fraud, and other financial crimes. Elliptic is headquartered in London with offices in New York, Singapore, and Tokyo. To learn more, visit www.elliptic.co.
Para sa English version ng press release, click here.
