On Feb. 27, Boston-based cryptocurrency finance firm Circle announced a partnership with Nice Actimize financial crime detection and prevention technologies unit. Circle follows other large cryptocurrency exchanges that have opted to add a compliance and surveillance solution.

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Goldman Sachs-Backed Crypto Exchange Partners With Compliance and Surveillance Unit

Circle believes there is a need for regulation in the crypto market ecosystem so the Goldman Sachs-backed firm has decided to partner with a compliance and surveillance entity called Nice Actimize. The financial crime, risk and compliance solutions manager Nice is one of the largest service providers to government regulators and financial institutions. Circle explains in its press release that…

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Source: https://thebitcoinnews.com/crypto-exchange-circle-partners-with-financial-surveillance-provider-nice-actimize/