Important Move from Bitexen to Comply with AML Rules

Bitexen Teknoloji A.Ş., one of Turkey's leading companies in the FinTech sector with the innovative technologies it developed at ITU ARI Teknokent, has signed important cooperation with the world-renowned auditing company Coinfirm. The AML (Anti-Money Laundering) Platform, developed by Coinfirm, will be integrated into Bitexen Technology's Digital Asset Trading Platform. Real-time risk score analysis, AML (Anti-Money Laundering) alerts, and an investigation system will help Bitexen prevent money laundering attempts and quickly make decisions about transactions for better protection. Thus, the entrances and exits of malicious transactions will be controlled. This will pave the way for users to transact in a more secure system.

Erdem: "We will become even stronger with the Anti-Money Laundering Platform."

Speaking about the cooperation, Bitexen Teknoloji A.Ş. CEO Yahya Tuğyan Erdem said, "As Bitexen, we continue to take new steps on AML (Anti-Money Laundering), one of the most sensitive points, and to develop our technology with globally proven companies. We are happy to sign such cooperation with Coinfirm to provide added value to our country and the safety of our users. Bitexen, our Digital Asset Trading Platform, one of our most important products, continues its development with firm steps. We will become even stronger by integrating the AML (Anti-Money Laundering) Platform developed by Coinfirm company into our platform.

We believe that our cooperation with Coinfirm will contribute to our corporate growth as a company."

Pawel Kuskowski, Coinfirm Co-Founder and CEO, said, "The mass adoption of cryptocurrencies and blockchain starts and ends with retail users. Exchanges and trading platforms are where broad users interact with blockchain-based assets, and the security of these digital asset exchanges is vital to ensuring our ecosystem is transparent. Coinfirm's AML (Anti-Money Laundering) system and analytics platform will provide actionable intelligence to digital assets risk management of Bitexen, a leading Digital Asset Trading Platform in the cryptocurrency trading market."