ZignSec launches a solution for cryptocurrency merchants.

20 views 2:51 pm 0 Comments November 21, 2023
ZignSec has, through its subsidiary Web Shield, today launched CompliancePass, a Regulatory Monitoring platform for cryptocurrency merchants. Next year, the CompliancePass platform will expand to cover acquiring banks and their portfolios.

CompliancePass allows crypto businesses to prove their compliance with local laws and industry rules. The platform enables clients to engage with a global team of legal experts and analysts. They receive a detailed on-demand legal opinion on how their business aligns with laws in chosen jurisdictions and industry standards. 
   
CompliancePass, developed with Poland’s Wołoszański & Partners, member of Alliott Global Alliance that awarded them the ‘Global Winner’ title in the ‘Innovator’ category. Among 220 member firms, they stood out for their pioneering role in creating CompliancePass for the RegTech market. 
  
Comment from Glenn Mac Donald, CEO of ZignSec:   
“During the last years, compliance has become an important topic in cryptocurrency. Through Web Shield, ZignSec has now taken the first steps to develop its existing cryptocurrency compliance solution into a complete due diligence platform. This will help us to carve out a unique market niche over the coming months and years.” 

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