Monthly Digest October 2023

Monthly Digest October 2023

This month's digest brings you:

?? Crystal’s latest report

?? Product & partnership news

?? November trainings & events

??? Crystal in the news

TRENDS AND PREDICTIONS 2023/4

Were we right?

In our latest report, Crystal’s Director of Intelligence, Nick Smart looks back at the predictions we cast earlier this year, and sets them straight.

Download to discover where we went wrong and what we got right about crypto crime and industry trends in 2023.

[DOWNLOAD]

PRODUCT UPDATE

We’re excited to introduce Crystal Version 4.3.0, a game-changer in cryptocurrency transaction monitoring and intelligence.?Work faster and smarter with Crystal's unified view of multi-currency crypto transactions and easy access to off-chain intelligence.

[READ MORE]

THE CRYPTO TRUST SEAL

Big news!

We are excited to announce that we recently partnered with the Global Anti-Scam Alliance create a framework to drive transparency and assurance in the crypto industry in the form of a Crypto Trust Seal (CTS).

The CTS seal will allow digital currencies to mature into a regulated industry with recognized rules and operating procedures.

“It is time to distinguish responsible actors from irresponsible and fraudulent ones,” says?Nick Smart, Crystal’s Director of Intelligence.??“Creating the CTS seal will allow digital currencies to mature into a regulated industry with recognized rules and operating procedures.”?

[READ MORE]

WEBINAR RECAP

What learnings can we bring from traditional finance to crypto?

Recently, Crystal’s Head of Compliance and Regulatory Affairs,?Hedi Navazan?sat down with?Priscilla Adams, Group Director of Compliance at Bullish,?Kristen Hecht,?Deputy Chief Compliance Officer and GMLRO at Binance, and?Tamar Latsabidze, Chief Specialist in the Division for International Sanctions’ Implementation and Inspection at National Bank of Georgia to discuss how traditional finance is shaping the crypto space.

[READ MORE]


We need your votes!

We have been chosen as a finalist in the Blockchain Trailblazer category in the 2023 Tech Trailblazers Awards, and need your votes to win! If you’d like to see us bring home the trophy, please vote for us!

Rose Ross, Chief Trailblazer and Founder of The Tech Trailblazers Awards said:

“Year on year, I am amazed by the astounding calibre of our shortlisted companies and individual CxOs. This year is no exception. Congratulations to those outstanding finalists and best of luck! ?Good luck to you all in the public vote which can make all the difference on the podium!”

[VOTE FOR US]


Upcoming training courses

Great news! You can now easily pay online and secure your course bookings with just one click on the registration form.

14 - 15 November

This course is for Chief Compliance Officers, Transaction Monitoring Experts, KYC and CDD officers, and MLROs.

It is a deep dive into cryptocurrency risk management focusing on key trends, typologies, and tooling. It will help organizations establish effective risk management frameworks to meet regulatory requirements.?

[READ MORE]

22 - 23 November

Tailored for investigators, law enforcement personnel, compliance professionals, and regulators to learn how to investigate crypto transactions and track funds.

You will learn how to create visualisations of interactions with malicious entities and generate evidentiary materials to support investigations.

[REGISTER NOW]


November Events

8 - 9 November

Ripple Swell is a two-day event in Dubai, filled with captivating discussions on topics that are most important to the finance industry today. Delve into the intricacies of payments and digital currencies, examine the impact of regulatory frameworks for digital assets, and gain invaluable insights into how blockchain and crypto technology will merge with traditional markets to create new solutions for institutions and businesses across the globe.

13 - 17 November

Sigma Gaming Show is a fantastic opportunity to meet online gaming experts, engage in insightful dialogue and exchange ideas with some of the most prominent players in the field. Crystal team will discover how innovative technology adds intelligence and efficiency to the payment process, revolutionizing the way businesses handle transactions.

This year the 5th edition of the Dutch Blockchain Week takes place and it will be bigger than ever! The DBW23 will host a blend of physical and hybrid events. Besides the physical event of BCNL at ASML, there will be tens of ecosystem events all over The Netherlands during this week!


Crystal in?the?News

  • Arkham’s “DOX-to-Earn” program encouraging users to reveal IRL identities of blockchain users raises the prospect of digital witchhunts with uncertain consequences, says Marina Khaustova, CEO of Crystal. CoinDesk & YahooFinance
  • Netherlands-based?Crystal Blockchain?and?Global Anti-Scam Alliance?have launched ‘Crypto Trust Seal’ to fight fraud and bring trust to Web3. ThePaypers & TradersMagazine
  • The freeze resulted from a collaboration between Atomic Wallet, forensic companies and centralized exchanges following reports from users claiming unauthorized transactions from their wallets. Cointelegraph & CryptoNews
  • Nick Smart, Director of Blockchain Intelligence at Crystal Blockchain has tracked $44 million in cryptocurrency flowing into a wallet associated with Myanmar criminal groups through online scams. Propublica


Looking for a new opportunity?

Take a look at our Careers page and get in touch!

Contact Crystal Blockchain for your crypto compliance needs!

[BOOK A CALL]

About Crystal

Our all-in-one blockchain analytics tool for crypto AML compliance, provides blockchain analytics and crypto transaction monitoring for thousands of cryptocurrencies in real-time.

Crystal Blockchain works globally with customers in the digital asset industry, the banking, and FI sectors. We help streamline their Know Your Transaction (KYT) and Anti-Money Laundering (AML) procedures for meeting international compliance standards.

To discover how Crystal can help you trace illicit flows of funds, contact us here. CrystalBlockchain.com

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