Busha Partners with Chainalysis to Strengthen Compliance
We are thrilled to announce our partnership with Chainalysis. A partnership that's here to strengthen our compliance and protect our users.
In our quest to constantly seek ways to help you live more with crypto, safely and securely, we are thrilled to announce our partnership with Chainalysis, a blockchain data platform, to bring state-of-the-art transaction tracking and monitoring to our services.
As an organisation that holds its customer's safety to the highest standard, we believe staying compliant isn’t only a government-required push but a corporate responsibility to our users, staff and brand. That’s why we continue to find ways to self-regulate, improve and bring you an array of products and services that enhance your crypto dream, and state-of-the-art processes to keep your experience seamless and secure.
With the help of Chainalysis’ data and analysis tools, we can detect and get ahead of illicit or fraudulent activity by identifying risky patterns, tracking transaction flows, and analysing the movement of funds.
We are partnering with Chainalysis to incorporate not just their KYT (Know Your Transaction) tool but also their Reactor, Address and Sanction screening tools into our service to strengthen our compliance and protect our users by enabling secure blockchain risk management.
As one of the leading digital assets exchanges in Africa, It’s always important to share our perspective with partners, and Busha’s CPO, Moyo Sodipo, was on stage to share insights on the crypto landscape and adoption in Africa and what Busha is doing to drive this with the Chainalysis team in Budapest.
More About Chainalysis
Chainalysis is a blockchain data platform providing data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 70 countries. Chainalysis’ tools help businesses detect and get ahead of illicit or fraudulent activity by identifying risky patterns, tracking transaction flows, and analysing the movement of funds. Chainalysis' data powers investigation, compliance, and market intelligence software that has been used to solve some of the world’s most high-profile criminal cases and safely grow consumer access to cryptocurrency.
Busha is one of the leading cryptocurrency exchange platforms founded in Nigeria, where you can buy, sell, spend and store digital assets.
Founded in 2019 to help young Africans achieve their financial goals and freedom through exposure and access to digital currencies, the Busha wallet allows users to trade over 45 cryptocurrencies safely and securely, save dollar stablecoins and earn up to 7.5% APY of passive income, and even spend their crypto directly from the Busha wallet.
To further drive adoption on the continent, Busha is now expanding into Kenya to take on the Eastern African market.
To learn more, visit the main page at www.busha.co