Private Crypto Wallet CoolBitX Introduces Browser-Based Sygna Gate, An Integration-Free Gateway For Compliance

Announcements, Innovation, News | June 30, 2021 By:

As the Financial Action Task Force (FATF) concludes its second annual review of the crypto industry, it has urged global regulators to implement regulations and dissuasive sanctions towards non-compliant crypto exchanges, while revealing that only 45% of its 128 member jurisdictions have complied with AML/CFT policy and FATF recommendations.


Private Crypto Wallet Transactions Now Verifiable Via CoolBitX’s Sygna Bridge And Elliptic’s API Solution

Announcements, Innovation, News | March 4, 2021 By:

Blockchain security company CoolBitX has released the Sygna Bridge Wallet Address Filter API to allow Virtual Asset Service Providers (VASP) to verify private wallet transactions and flag suspicious entities to authorities.

Founded in 2014, CoolBitX is a FinTech firm specializing in manufacturing secure,


Singapore Crypto Trade Association ACCESS Completes Independent Assessment Of CoolBitX’s Sygna Bridge

Announcements, News | November 20, 2020 By:

Singapore crypto trade association ACCESS has announced that FATF Travel Rule solution Sygna Bridge from CoolBitX has become the first solution to be evaluated based on its independent assessment framework for Singapore’s Payment Services Act (PSA).

Sygna Bridge, part of CoolBitX’s new line of regulatory compliant products tailored toward Virtual Asset Service Providers (VASP),


The Impact Of Japan’s Revised Regulations On The Crypto Industry

News, Opinion, Regulation | May 8, 2020 By:

Japanese regulators have tightened restrictions on the crypto industry with recent updates to two legislations in Japan — the Japanese Payment Services Act (PSA) and the Financial Instruments and Exchange Act (FIEA) which were both implemented on May 1, 2020. While many may think that small updates to existing regulations will not make much difference,