June 3, 2024 - Staff
Milan, June 3rd, 2024 - With institutional crypto adoption surging and regulatory frameworks tightening, CheckSig introduces Clear at Money20/20, a solution tailored to meet financial institutions’ growing needs in the digital asset realm. Clear sets new benchmarks, ensuring top-notch compliance and security amidst evolving crypto market dynamics.
The recent spike in institutional crypto adoption, marked by milestones like ETF approvals and Bitcoin hitting all-time highs, alongside impending regulations such as the European Union’s MiCA, has highlighted the critical need for specialized banking infrastructure for digital assets. As interest in Bitcoin and digital assets skyrockets and traditional financial players get ready to enter the space, the demand for robust, regulation-compliant solutions has never been greater.
This is the precise reason behind the launch of Clear: a platform engineered to cater to the unique needs of banks venturing into the crypto landscape. Powered by a proprietary, patented technology, Clear provides a comprehensive suite of solutions. From institutional custody services backed by Proof-of-Reserves to seamless trading with best execution across multiple exchanges and robust tax and compliance solutions, Clear empowers banks and other financial institutions to confidently navigate the complexities of the digital asset space.
Michele Mandelli, Managing Partner at CheckSig, commented on the significance of Clear’s launch amidst the current market dynamics. “We are witnessing an unprecedented shift in the financial landscape, with crypto gaining mainstream acceptance and traditional institutions embracing digital assets,” said Mandelli. “With Clear, banks can open new revenue streams and foster long-term relationships, offering a level of security and compliance that is unmatched in the industry.”
As journalists and industry insiders gather at Money20/20 to explore the latest trends and innovations in fintech, CheckSig invites them to experience the future of crypto banking firsthand. Interested parties can request a product demo at clear.checksig.com.
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