Fireblocks compliance integrations are the simplest way for compliance teams to meet evolving digital asset regulatory requirements and address the latest industry threats. Fireblocks partners with industry-leading digital asset compliance solutions to provide real-time transaction monitoring directly from the Fireblocks platform.
Enable real-time transaction screening, risk scoring, and compliance actions for all inbound and outbound transactions.
Automate address screening to identify potentially risky wallets before they interact with your platform.
Automatically generate Travel Rule reports for transfers and validate requests from other providers across jurisdictions.
Every transaction is automatically screened based on your configured compliance policy rules and the compliance providers’ data, preventing your teams from sending transactions to risky wallets. Compliance teams can also freeze inbound transactions from potentially risky wallets to assess compliance before using the funds.
With the Fireblocks Policy Engine, you can configure transaction rules based on your company’s compliance policies and risk scores generated by the integrated compliance providers.
Fireblocks enables you to manage policy rules for each compliance solution provider directly through the Fireblocks console to avoid the complexity of managing multiple platforms.
Customize your compliance solution to best suit your organization’s needs, from Chainalysis and Elliptic for KYT/AML to Notabene for Travel Rule.
Implementing Know Your Transaction (KYT) protocols helps your business prevent interactions with bad actors and stay in compliance with Anti-Money Laundering/Counter Financing of Terrorism (AML/CFT) regulations. Chainalysis and Elliptic provide solutions to screen and flag transactions linked to sanctioned entities and high-risk addresses or activity patterns. Both providers screen inbound and outbound transactions, putting you in full control of who you transact with.
The new FATF Travel Rule requires virtual asset service providers (VASPs) to collect and disclose specific customer data when transacting digital assets over a particular value threshold. Global jurisdictions currently have different disclosure and threshold requirements with varied enforcement. Businesses need a solution that allows them to manage and comply with Travel Rule requirements across jurisdictions to ensure compliance for their business and its counterparties.