RIDDLE&CODE, Europe's largest blockchain interface company, has selected regulatory technology provider (RegTech) Coinfirm to take advantage of the most comprehensive anti-money laundering (AML) compliance solution for digital asset management.

RIDDLE&CODE builds and maintains the digital asset infrastructure of banks, cryptocurrency exchanges and funds. Coinfirm will improve RIDDLE&CODE's compliance with AML controls – using RegTech's extensive coverage of blockchain assets.

"With our digital asset management solution, we have developed a modular platform to manage digital assets and enable the tokenization of non-bank physical assets. Each of these business models requires the highest level of security and compliance with financial and regulatory requirements. We are proud to partner with Coinfirm to strengthen our products with its leading expertise," said Alexander Koppel, CEO of RIDDLE&CODE.

By collaborating with Coinfirm, RIDDLE&CODE will benefit from the best compliance expertise in accordance with the Financial Action Task Force (FATF) "travel rule", the EU's AMLD5 law and other national and international regulations.

"Occasionally, a true pioneer wins the market. RIDDLE&CODE is a new era organization that encourages the adoption of the next wave of technological capabilities and the mass adoption that digital asset ownership enables. Coinfirm is proud to support RIDDLE&CODE for blockchain compliance," said Pawel Kuskowski, CEO and co-founder of Coinfirm.

Coinfirm's AML platform includes more than 270 risk indicators capable of detecting malicious actors, for reasons ranging from AML to the fight against the financing of terrorism, through the fight against fraud and drug trafficking on the dark net. In addition to this set of indicators, the company offers the largest coverage of monitored cryptocurrencies in the blockchain field – putting Coinfirm in an ideal position to help innovative pioneers use blockchain technology.

About RIDDLE&CODE

RIDDLE&CODE, Europe's largest blockchain interface company, builds hardware and software stacks and provides a trusted identity to objects and people. Together with its Tier 1 customers and partners, RIDDLE&CODE is creating new business models for financial markets, energy distribution, mobility and the Internet of Things. For more information: https://www.riddleandcode.com/

About Coinfirm

Coinfirm is a global leader in anti-money laundering and regulatory technologies for blockchain and cryptocurrencies. It offers the broadest blockchain coverage in the industry, supporting over 1,500 cryptocurrencies and protocols. The company's services also include Reclaim Crypto, as well as Trudatum, a standalone RegTech platform for recording, signing, and verifying any file with 100% accuracy. For more information: https://www.coinfirm.com/

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