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XDC Trade Network Enhances Compliance with LEI Integration

XDC Trade Network Enhances Compliance with LEI Integration
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Asiacryptos: XDC Trade Network Enhances Compliance with LEI Integration

Asiacryptos: XDC Trade Network Enhances Compliance with LEI Integration
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VerifyVASP Becomes GLEIF Validation Agent to Increase Transparency in Crypto and Digital Asset Trading Markets

The inclusion of client LEIs in VerifyVASP's decentralized messaging service, assisted by its new Validation Agent role, delivers early FATF Travel Rule compliance for Virtual Asset Service Providers SINGAPORE, May 30, 2023 /PRNewswire/ The Global Legal Entity Identifier Foundation (GLEIF) today announces that VerifyVASP, a Singapore-based RegTech solution provider to Virtual Asset Service Providers (VASPs), has joined the Global LEI System as a Validation Agent. (This is originally posted by GLEIF at https://www.gleif.org/en/newsroom/press-releases/verifyvasp-becomes-gleif-validation-agent-to-increase-transparency-in-crypto-and-digital-asset-trading-markets.) VerifyVASP is the first Validation Agent to operate exclusively in the crypto and digital asset trading space. By assuming the role, VerifyVASP can now help obtain Legal Entity Identifiers (LEIs) for its VASP clients quickly and efficiently. VerifyVASP can then incorporate its clients' LEIs into its decentralized messag

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