Solidus Labs says the solution — and a shared-surveillance consortium the firm is working with partners to establish — address one of digital assets’ biggest regulatory challenges — the fact they are traded simultaneously across multiple exchanges, and can therefore be manipulated in new and different ways compared to more traditional assets
New York, New York — November 19, 2020 — Crypto-native risk monitoring firm Solidus Labs announced today its solution for shared-surveillance of crypto markets. The solution is designed to detect price and volume manipulation taking place across various digital asset exchanges simultaneously. …
Solidus Labs is proud to announce the newly released version of its digital asset risk monitoring and compliance hub. The new release amounts to the first fully automated, comprehensive and testable market surveillance and risk monitoring solution tailored for crypto.
״This version of the product takes risk monitoring to new levels of precision, efficiency and sophistication. We were able to make advances in the usage of behavioral analysis and machine learning to detect trends, not just incidents.” says Asaf Meir, Solidus’ Chief Executive. …
Everyone loves to talk about the scalability, efficiency and general value provided by cloud solutions. At the same time, for a crypto industry deeply concerned by frequent and numerous hacks and data-leaks, trusting cloud solutions isn’t trivial. The risk associated with a major breach can easily outweigh any benefit promised by cloud-based services.
Crypto is by no means the only industry facing this concern. Data-security incidents are ubiquitous these days, with successful attacks even against top-tier software giants, large banks and social media platforms.
So, while cloud-based solutions are becoming, by and large…
In November, the Hong Kong Securities and Futures Commission announced a highly anticipated licensing regime for virtual currency exchanges. It joined Malaysia, France and many other countries, where regulators already clarified specific compliance requirements for digital asset firms, often as part of a licensing regime. With additional crypto-specific guidelines, laws and regulations expected to be introduced early this year in the United States, Singapore and many other locations — analysts and pundits agree — 2020 will be a year of meaningful regulatory clarity for the crypto space.
The Digital Asset Compliance & Market Integrity Summit
Keynoted by SEC Commissioner Hester M. Peirce and featuring speakers from Coinbase, Gemini, Circle, GDF, Tagomi, ErisX and the Chamber of Digital Commerce among others.
Join us September 26, 2019, 8am-4pm
Hosted by Hogan Lovells | dacomsummit.soliduslabs.com
Announcing DACOM Summit’s Agenda
All the crypto compliance news you need to know from the past few weeksHighlights:
From day one, we knew that our mission — combating crypto manipulation and creating safer, more fair, more transparent and more credible crypto markets — is not a one person, or one company, job. Therefore, joining the Global Digital Finance community as Founding Members and Advisory Board Members was a natural fit for Solidus.
Established as an industry membership body that promotes the adoption of best practices for cryptoassets and digital finance, GDF has been successful not only in bringing together leading firms but, also in generating actual results — a constantly evolving and increasingly adopted industry Code of Conduct…
Solidus Labs | June 2019
All the crypto news compliance professionals need to know from the past few weeks. Highlights:
Everything you need to know from the past few weeks: Globally, governments tighten definitions of digital assets to prevent legal confusion; SEC enforcement action leads to $2.7 million fine; Crypto users doubled in 2018; Trump’s new Chief of stuff is pro-crypto
We use our 20 years of FinTech experience to help exchanges, broker dealers, market makers and others detect and address manipulation in digital asset trading