LBank collaborates with Elliptic to strengthen compliance and security measures. This partnership emphasizes the implementation of cutting-edge Know Your Transaction (KYT) and Anti-Money Laundering (AML) solutions for improved user asset protection.
LBank is committed to high regulatory standards and has secured multiple licenses globally, including the Alabama Money Transmitter License in 2024, reflecting its dedication to compliance in the evolving crypto market.
The integration of Elliptic’s comprehensive compliance toolkit allows LBank to effectively detect and mitigate risks in real-time, ensuring a transparent trading environment for its user base.
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