Crystal Announces Strategic Partnership with the European Central Bank to Enhance Financial Oversight Using Blockchain Intelligence
30 July 2024 - 8:00AM
Business Wire
Crystal, a leading blockchain intelligence company, is thrilled
to announce it has entered a partnership with the European Central
Bank (ECB). Crystal will provide the ECB with comprehensive
blockchain data to develop sophisticated statistical analyses.
Navin Gupta, CEO of Crystal, expressed his enthusiasm about the
collaboration: “We are delighted to work with the European Central
Bank, an institution at the forefront of financial regulation in
the Eurozone. This partnership marks a significant step forward in
using Crystal’s data to enhance financial oversight and ensure
market stability. By supplying the ECB with cutting-edge data
analytics, Crystal is empowering market stability and protecting
participants in the digital economy.”
This partnership is especially pivotal as the EU prepares to
implement Markets in Crypto-Assets (MiCA) Regulations, aimed at
creating a comprehensive regulatory framework for
crypto-assets.
“We see significant change on the horizon for crypto
institutions worldwide, as regulations like MiCA take effect, and
in light of this, our partnership with ECB is important for both us
and the industry,” finished Navin.
For more information, please get in touch with Crystal’s media
relations team or visit our website.
About Crystal
Crystal is a leading blockchain intelligence firm empowering
financial institutions, law enforcement and regulators with
real-time blockchain analysis, investigative and compliance
solutions. Founded in 2018, Crystal helps financial institutions
comply with global anti-money laundering regulations efficiently.
Investigators and government agencies leverage Crystal’s
cutting-edge technology and unique real-time intelligence to solve
crypto investigations. Available as a free blockchain explorer,
SaaS, or API
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240730004232/en/
Media: Trevor Davis, Gregory FCA for Crystal +1 215-475-5931
trevor@gregoryfca.com