LetsExchange has implemented Crystal Blockchain’s solution for AML verification

LetsExchange, an industry-leading platform for crypto-to-crypto swaps, has implemented Crystal Blockchain’s solution to monitor crypto transactions made through the exchange and meet Anti-Money Laundering (AML) regulations.

This way, LetsExchange users and partners can rest assured that the money they transact is not linked to illegal activities or wrongdoings, and funds they receive are legitimate.

Alex J., Chief Product Officer at LetsExchange, explains the importance of this partnership: “We are aware of the illicit use that some malicious actors give to cryptocurrencies, leveraging the anonymity and irreversibility of crypto transactions to operate with impunity. Our partnership with Crystal Blockchain will give our customers and partners peace of mind since they can be sure they only deal on our exchange with ‘clean’ crypto funds.”

Crystal Blockchain is an Amsterdam-headquartered blockchain analytics company that builds solutions to streamline crypto compliance operations and aid investigations into financial crime. Crystal works globally with customers in the digital asset industry, banking and regulatory sectors, and enforcement agencies. The company’s solution currently supports 335 blockchains, including Bitcoin, Tether, Ethereum (including ERC-20, ERC-721), Ethereum Classic, Binance Smart Chain (including BEP-20), Tron (including TRC-20), Litecoin, Stellar, Ripple, Dogecoin, Dash, Zcash, Algorand, EOS, Solana, Matic, Cardano,  Radix, Velas, Klaytn, Celo, Avalanche, and others.

LetsExchange is an industry-leading platform for crypto-to-crypto swaps, supporting 3,500+ cryptocurrencies and 14.2+ million trading pairs. The company is constantly incorporating innovative products and solutions for B2B that impact the market. Individuals and crypto-related businesses can integrate the LetsExchange infrastructure through API, use exchange widgets and buttons, branded Telegram bots, and white-label solutions. Among partners who have already appreciated the quality of LetsExchange toolkits are Trezor, Edge, Exodus, Trustee, SwapSpace, SwapZone, Nano, ARK and Strake Foundation, Beldex, Telos, and many others.