Chaincomply
Chaincomply provides enhanced due diligence solutions for identifying the source of funds in cryptocurrency transfers from exchanges.
Chaincomply offers an Enhanced Due Diligence (EDD) solution designed to reveal the source of funds associated with incoming value transfers from crypto exchanges. The platform operates within the data infrastructure and analytics space, serving compliance and risk management functions in the cryptocurrency sector.
Key People
- Pavlina Pavlova - Co-founder, CEO
Lukasz Lukaszewski - Co-founder, CPO
In the media1
Lukasz Lukaszewski discusses how ChainComply addresses the problem of banks refusing to accept transfers from crypto exchanges by providing compliance solutions that make crypto wealth transferable to bank accounts. He explains that banks' reluctance stems from concerns about source of funds verification, regulatory penalties, and lack of proper processes and technology, which the Markets in Crypto-Assets Regulation (MiCA) aims to address by requiring banks to assess risks, update procedures, invest in proper technology, and train staff.