Since 2018, AMLT has been countering money laundering, terrorism financing and fraud in the blockchain ecosystem.
AMLT promises to democratize compliance with an ecosystem that bands together to combat crypto crime.
AMLT token is based on proven Coinfirm engine. Coinfirm is the global leader in AML and RegTech for blockchain and cryptocurrencies.
AMLT promises access to the data oracle by leveraging the access to the largest blockchain database (1PT) of illicit addresses.
The AMLT Oracle is the first smart contract-based solution for AML/CFT compliance of the burgeoning decentralized finance (DeFi) scene, without DEXes having to conform to a centralized model. The Oracle unlocks a key barrier that DeFi presented to previously developed blockchain compliance technology on the market.
With daily exchange volumes on DEXes surpassing $3 billion, regulators have taken notice. The FATF updating its definition of VASPs to incorporate DApps/DeFi and FinCEN's proposed self-hosted wallet rule are two examples of regulatory moves for DeFi to be AML/CFT compliant.
AMLT Network 2.0 is the natural evolution of our ecosystem, its foundations morphing alongside a fast-changing (if not the fastest!) financial technology environment. The Network itself – a unique community – shares our vision and goal of creating a transparent and democratic financial system of the future.
AMLT (Anti Money Laundering Token) is an ERC-20 cryptoasset. Created by the recognized blockchain Regtech leader Coinfirm, AMLT is the first dedicated token ensuring transparency and democratizing compliance of the financial system by allowing market participants to help determine the potential risk of others.
Join our network and be rewarded in AMLT for supplying legitimate data including blockchain addrresses on nefarious actors including; hackers, fraudsters, money launderers, terrorism financiers, proliferation financiers, illicit goods and services darknet market vendors, human traffickers.
AMLT stands for Anti Money Laundering Token.
AMLT (Anti Money Laundering Token) is an ERC-20 cryptoasset. Created by the recognized blockchain RegTech leader Coinfirm, AMLT is the first dedicated token ensuring transparency and democratizing compliance of the financial system by allowing market participants to help determine the potential risk of others.
The AMLT Network is the first of its kind system where users can report nefarious cryptocurrency addresses related to ransomware, hacks, scams, and other fraud, plus also receive protection from further actions by bad actors. Once data provided is verified by Coinfirm and implemented into the AML Platform, the ecosystem can blacklist suspicious users and funds. Information Providers are rewarded in AMLT for supplying legitimate data on nefarious actors, or data on themselves and other parties they trust.
Current price can be checked e.g. here: https://www.coingecko.com/en/coins/amlt-network
AMLT tokens are available on various centralized and decentralized exchanges and trading platforms, e.g. Coindeal, Bitbay, Uniswap, Liquid, BambooRelay, Lykke. More to come in 2021.
The AMLT Oracle is the first smart contract-based solution for AML compliance of the burgeoning decentralized finance (DeFi) scene, without DEXes having to conform to a centralised model. The Oracle unlocks a key barrier that DeFi presented to previously developed blockchain compliance technology on the market. More details are available in our official announcement: https://www.coinfirm.com/blog/defi-compliance-amlt-oracle/
In 2020 Q3 we launched a crucial cooperation with Chainlink. During 2021 we are using Chainlink’s secure and reliable network to make our AML oracle solution available throughout DeFi, enhancing the ability for traditional financial players to adopt decentralized finance. More details are available in our official announcement: https://www.coinfirm.com/blog/coinfirm-chainlink-anti-money-laundering-blockchain/
You can download FAQ here
