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Gate.io and Elliptic Collaborate for Enhanced Compliance Measures

Jul 2, 2024

Gate.io, a leading cryptocurrency exchange and Web3 innovator, has partnered with Elliptic, the foremost provider of blockchain analytics and investigative solutions, to strengthen its compliance framework. By integrating Elliptic's comprehensive suite of blockchain monitoring tools, Gate.io is demonstrating its commitment to regulatory requirements and enhancing the security of its platform.

Dr. Lin Han, the Founder and CEO of Gate.io, highlighted the wealth of experience and top-tier blockchain analytics solutions that Elliptic brings to the partnership. This collaboration aims to bolster Gate.io's regulatory compliance capabilities and reassure its user base about the platform's commitment to their safety.

In a statement, James Smith, Co-founder of Elliptic, expressed his excitement about working with Gate.io, emphasizing the shared values of user protection, transparency, and adherence to compliance standards. Elliptic's range of tools and services, combined with their team's expertise, will support Gate.io in enhancing its compliance program and fortifying its security measures.

Elliptic's compliance suite includes cutting-edge crypto wallet screening, transaction monitoring, and investigative solutions that offer real-time, cross-chain support across 40 different blockchains. By incorporating Elliptic's suite, Gate.io aims to strengthen its security infrastructure, proactively identify risks, and create a secure environment for its users.

Gate.io's collaboration with Elliptic underscores its dedication to compliance and transparency, aiming to elevate user security standards. This partnership signifies a significant step towards robust compliance in the global cryptocurrency exchange landscape, instilling trust among millions of users worldwide.

About Elliptic

Elliptic stands at the forefront of cryptoasset risk management for businesses, governments, and financial institutions worldwide. Recognized as a WEF Technology Pioneer and backed by investors like J.P. Morgan and Santander Innoventures, Elliptic has assessed transactions worth trillions of dollars, uncovering illicit financial activities.

Headquartered in London with offices in New York, Singapore, and Tokyo, Elliptic continues to lead the way in combating financial crimes in the crypto space.

About Gate.io

Established in 2013, Gate.io has become a prominent player in the cryptocurrency exchange market, serving millions of users globally. The platform's focus on security, evidenced by audits proving 100% reserves, and compliance with relevant regulations in all operating jurisdictions.

Gate.io offers a wide array of spot trading products and services, including the Gate.io trading platform, GateChain, and Gate Ventures, catering to the diverse needs of the digital asset trading community.

Disclaimer: The content provided in this article does not constitute investment advice. Readers are encouraged to conduct their research before making any financial decisions. TheNewsCrypto bears no responsibility for any damages or losses resulting from the information, products, or services mentioned in this press release.

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