- CrossFi has passed a rigorous AML audit conducted by CityLinkers
- The audit confirms compliance and boosts trust among potential investors
- CrossFi’s CEO sees the audit’s success as a result of the company’s commitment to ethics
CrossFi, a trailblazer in decentralized finance (DeFi), has passed a rigorous Anti-Money Laundering (AML) audit conducted by the esteemed advisory firm, CityLinkers.
The move underscores CrossFi’s dedication to transparency.
⚡️Big News!
✅ CrossFi has officially passed a rigorous AML audit by CityLinkers, reinforcing our commitment to security, transparency, and regulatory excellence.
This milestone proves that #CrossFi is not just building the future of finance – we’re doing it the right way.… pic.twitter.com/C3GAD6JuGn
— CrossFi (@crossfichain) February 14, 2025
This validation is crucial for CrossFi, as it navigates the complex landscape of financial regulations that govern blockchain technologies.
CrossFi’s AML practices meet international standards
The audit, which was completed with flying colours, scrutinized CrossFi’s operational protocols, compliance policies, and the very framework that supports its blockchain ecosystem.
CityLinkers, celebrated for its deep expertise in corporate governance and risk management, affirmed that CrossFi’s AML practices are in lockstep with international standards.
Alexander Mamasidikov, the CEO of CrossFi, expressed his enthusiasm about this achievement. In a press release, he said: “Receiving a high rating from CityLinkers is not just a pat on the back for our team; it’s a testament to our ongoing commitment to uphold the highest standards of legal and ethical conduct.”
Mamasidikov further emphasized that the audit result strengthens the trust that CrossFi has built with its users, partners, and the regulatory bodies overseeing the digital finance sector.
For CrossFi, passing this audit with distinction is a beacon for potential investors and users, signalling that their platform is not only innovative, but also secure against the backdrop of increasing regulatory scrutiny in the DeFi space.
CrossFi stands out by offering a suite of services that include digital asset management, stablecoin solutions, and the minting of synthetic assets, all built on a foundation of blockchain technology designed for interoperability and efficiency.
This audit success is a clear indicator that CrossFi is keeping pace with regulatory demands and actively shaping a future where blockchain solutions are both viable and compliant.
By aligning with global regulatory expectations, CrossFi is paving the way for more secure, transparent, and scalable financial products, thereby setting a benchmark for others in the industry to follow.
As CrossFi continues to innovate at the intersection of finance and blockchain technology, the CityLinkers audit success not only enhances its market position, but also reassures all stakeholders of its commitment to ethical, compliant, and sustainable growth in the blockchain arena.