By providing these essential compliance tools, Liminal reaffirms its commitment to empowering clients and contributing to the growth of the digital asset ecosystem.
Liminal, a leading provider of wallet infrastructure and custody solutions, proudly announces the launch of its comprehensive compliance solutions suite, now featuring seamless integration with Notabene’s renowned Travel Rule solution. This strategic collaboration aims to revolutionize the way businesses manage regulatory compliance in the digital asset industry.
In the rapidly evolving financial landscape, regulatory compliance has emerged as a critical focus for both financial institutions and virtual asset service providers (VASPs). As the adoption of digital assets continues to rise, adhering to regulatory requirements has become increasingly intricate. Liminal’s latest suite of compliance solutions, coupled with Notabene’s innovative Travel Rule integration, empowers clients with an efficient means to navigate compliance challenges.
Liminal’s compliance suite presents a wealth of powerful features to aid clients in meeting their regulatory obligations, including:
a) Seamless Integration: The integration will enable smooth and secure communication between virtual asset service providers, streamlining the sharing of transactional data in compliance with regulatory mandates.
b) Simplified Compliance Processes: Liminal’s suite empowers clients with a user-friendly interface that simplifies the compliance journey. Users can now effortlessly fulfill their regulatory obligations, saving time and resources.
c) Enhanced Security: Security is of paramount importance in the world of digital assets. Liminal’s compliance solutions prioritize data protection, ensuring that sensitive information remains secure throughout the compliance process.
d) Customizable Solutions: Recognizing the diverse nature of businesses operating in the cryptocurrency sector, Liminal’s suite allows customization to cater to specific compliance needs, ensuring flexibility and adaptability.
e) Real-time Monitoring: With real-time monitoring and alerts, clients can proactively address compliance issues, thereby mitigating risks and reinforcing trust with regulatory bodies.
Commenting on the launch, Rahil Shaikh, AVP of Product and Blockchain at Liminal, said, “We are delighted to introduce our advanced compliance solutions suite, strengthened through our strategic collaboration with Notabene. At Liminal, our foremost objective is to drive innovation within the digital asset industry, and this pivotal partnership reinforces our commitment to providing efficient, secure, and fully regulatory-compliant solutions for our esteemed clients. By joining forces with Notabene, we have empowered our customers with seamless travel rule compliance, enabling them to concentrate on their core priorities with absolute confidence”
The compliance solutions suite is now available to all of Liminal’s clients, including exchanges, custodians, and institutional investors. By providing these essential compliance tools, Liminal reaffirms its commitment to empowering clients and contributing to the growth of the digital asset ecosystem.
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