RATE Group | French FinTech Agency And AIT Collaborate To Improve Cryptocurrency Trading Security
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French FinTech Agency And AIT Collaborate To Improve Cryptocurrency Trading Security

French FinTech Agency And AIT Collaborate To Improve Cryptocurrency Trading Security

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Cryptocurrency crimes and scams have caused many governments and organizations to be highly alert to decentralized transactions. Publications have also pointed out how these crimes have been on the rise over the last few months, and it doesn’t look like they’re going to be stopped any time soon.

In order to put an end to such attacks, defense agencies in Austria and France have decided to work together. The NIGMA Conseil and the Austrian Institute of Technology (AIT) will work together to improve the state of blockchain forensics, an essential tool for tracking crypto crimes.

The French blockchain security company will collaborate with Austria’s largest government-owned research and technology organization to counter all types of financial crimes. The two bodies began to collaborate on the enhancement of the AML capabilities of the e-NIGMA platform. The Anti Money Laundering [ AML ] concept has become the number one priority for many crypto companies over the last few…

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