Cryptocurrency exchange Binance announced a new partnership with surveillance corporation Elliptic to “strengthen compliance and security.” The following is an excerpt from Elliptic’s press release that quotes the Chief Compliance Officer from Binance:
“This new partnership with Elliptic enhances our industry-leading AML compliance programme, world-class security systems and supports our rapid growth into new jurisdictions, said Samuel Lim, Chief Compliance Officer of Binance. “Both the breadth and depth of Elliptic’s capabilities and experience speak for themselves. We are pleased to be working with them to combat money laundering together and further promote the freedom of money.”