
HashingSpace Corporation (OTCQB: HSHS), a bitcoin ASIC mining and hosting company, announced today their decision to use the IdentityMind platform to monitor and report suspicious activities, as an integral part of the firm’s commitment to compliance with all regulatory requirements worldwide.
IdentityMind Global™ is recognized as the leading provider of anti-money laundering and compliance services for Bitcoin and virtual currency companies across 4 continents, and offers the most advanced compliance platform for virtual currencies. The company provides a full suite of risk monitoring and Anti-Money Laundering technologies, enabling businesses to comply with US (FinCEN) and worldwide regulations.
“IdentityMind Global™ provides HashingSpace with the complete suite of risk monitoring and anti-money laundering technology we need to comply with regulation anywhere in the world,” stated Timothy Roberts, CEO of HashingSpace. “Money laundering is an issue we take seriously, and compliance issues are a complicated obstacle that companies in our space have to stay current with. IdentityMind’s complete risk and AML solution will give us the capabilities we need to identify and prevent these issues.”
“We have to make sure our company, customers and shareholders are protected,” continued Timothy Roberts. “IdentityMind Global’s™ proprietary technology matches all the parameters captured from a transaction to find suspicious signs of identity theft and fraud.”
“Our compliance platform is used by more than 40 virtual currency businesses, from exchanges, to wallet services, ATMs, remittances, trading platforms, debit cards, and more,” said Jose Caldera, IdentityMind VP of Marketing & Product. “These companies are genuinely trying to do things right, to protect their customers, and prevent their businesses from facilitating criminal activity. We’re proud to provide the KYC, fraud prevention, and monitoring technologies these businesses use to identify and prevent suspicious activity, as part of their AML program to comply with U.S. and international regulations.”
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