Saturday, June 28, 2025
19 C
Los Angeles

Japan Expands Crypto ‘Travel Rule’ to 30 More Jurisdictions, Effective August 1

Japan has imposed notification obligations (i.e. travel...

Rwanda: Opposition Leader Arrested

(Nairobi) – The Rwandan authorities rearrested Victoire...

South Korea: Human Rights Issues for New Government

(Seoul) – South Korea’s new government should adopt...

Violet Launches Free Permissionless Compliance Suite for On-Chain Finance Builders

KYCViolet Launches Free Permissionless Compliance Suite for On-Chain Finance Builders

Today, Violet has unveiled its permissionless Compliance as a Service suite, allowing any builder to access Violet as a public infrastructure service without fees. The suite, developed at the intersection of compliance and on-chain finance, consists of four key products:

  1. VioletID: A privacy-preserving compliance credential that is composable and reusable across chains.
  2. AML Protection: Providing comprehensive anti-money laundering guarantees, including know-your-customer (KYC), know-your-transaction (KYT), sanctions list checks, and more.
  3. Geofencing: Enabling the blocking of user access from specific countries at the protocol level.
  4. Sybil: Leveraging VioletID’s proof of humanity to prevent Sybil attacks.

Violet seamlessly orchestrates various compliance primitives, encompassing AML functions, sanctions lists, KYC/B, KYT, geofencing, and authentication. The user-friendly interface is available on-chain, facilitating easy integration without requiring prior compliance knowledge. All Violet products are designed for plug-and-play functionality.

Notably, Violet prioritizes privacy, ensuring that all compliance products adhere to the highest data protection standards. No personally identifiable information is ever stored on-chain, aligning with Violet’s commitment to privacy.

By FCCT Editorial Team freeslots dinogame telegram营销

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

Check out our other content

Ad


Check out other tags:

Most Popular Articles