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Heliocor partners with CBX to bring state-of-the-art regulatory compliance to Middle East cryptocurrency market

Strategic partnership to improve confidence of Middle East cryptocurrency participants

London, United Kingdom, 21st February 2019

Heliocor, an emerging regulation technology company based in London, UK, has announced a strategic partnership with CBX, a fully-integrated global cryptocurrency trading platform based in Middle East. The partnership is designed to improve investors’ engagement with cryptocurrencies while allowing for enhanced due diligence of both institutional investors and retail investors in the Middle East. Heliocor’s flagship product, Dokstor, is a fully GDPR compliant cross regulation onboarding application that is now fully integrated into CBX trading platform, allowing CBX to apply the latest Know your Client (“KYC”) and Anti Money Laundering (“AML’) checks to its wide range of clients globally. Meng Chan Shu, CEO of CBX, says: “As increasing numbers of institutional and retail investors move into the cryptocurrency market, financial technology companies are seeing more opportunities to engage with these investors. Institutional clients demand more sophisticated solutions, so working with Heliocor is a key focus for CBX: our customers will benefit from the most effective regulation technology available in the market.” Vikas Tripathi, Managing Director of Heliocor says: “Several companies from blockchain and cryptocurrency have engaged with us to help them overcome their ever-changing regulation challenges. We believe that cryptocurrency markets will form a key market for our technology, allowing us to apply our deep regulation and compliance knowledge in banking and financial institutions to further engage with the blockchain industry. We are delighted to be working with CBX to provide them with an enhanced due diligence capability and adding confidence to their users as they access the crypto market.”

Media Contacts:
Elly Zhang
Director of Partnerships at Heliocor
Email: media@heliocor.com Tel: +44 203 006 6411
Company Website: https://www.heliocor.com/

Clara Cham
Public Relations at CBX
Email: Clara@cbx.one
Moblie number: +971 521266087
Company Website: https://www.cbx.one/

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