Last week I mentioned that IFINA had been working on a Crypto AML Solution. This week, I want to share it with you. Just watch the video below, or read the transcript below.


Cryptocurrencies have disrupted traditional anti-money laundering (AML) practices.

Remember – part of the appeal of cryptos is their decentralised nature. But the truth is that traditional AML regulation isn’t designed to deal with the anonymity associated with cryptos.

For these reasons, cryptos can present a heightened AML risk. But we now have a technological solution that is trusted by law enforcement agencies and financial institutions – it’s called CipherTrace.

Here’s how it works.

Step One: Whether you want to invest in cryptos, or run a crypto investment fund – you can now risk assess the transaction history of crypto coins.

Step Two: CipherTrace algorithms calculate risk levels based on suspicious addresses and wallets. CipherTrace also profiles hundreds of global exchanges, ATMs, mixers, money laundering systems, gambling services and known criminal addresses to score transactions and asses risk.

Step Three: CipherTrace then assigns risk levels to transactions based on activity related to suspicious addresses and wallets.

Transactions with no apparent risk are flagged to proceed. Transactions with a moderate risk trigger an automated deep search for compliance reporting. Finally, transactions that are high risk should be rejected.


Do you need a crypto AML solution? We should have a Skype call. Just email me back and we can book a time that’s convenient to you.

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