CryptoProcessing has established an operational cooperation with StarCompliance to support existing merchant-related processes involving digital asset risk review, documentation, and asset restriction cases, where applicable.
The cooperation is intended to support existing client servicing and operational continuity, alongside our other existing solutions, safeguards, and protective measures, in accordance with applicable legal, regulatory, contractual, and compliance requirements.
Under this operational cooperation, if an existing CryptoProcessing merchant becomes the victim of a malicious attack involving the theft of digital assets, StarCompliance may provide specialized support throughout the asset recovery process. This may include blockchain intelligence and transaction tracing, coordination with exchanges and other relevant parties, engagement with law enforcement where appropriate, and assistance with efforts to identify, restrict, and recover stolen assets in accordance with applicable legal and regulatory requirements.
Regulatory and compliance-related reviews can require specialized expertise and coordination. This operational cooperation helps ensure that existing merchants may receive additional support where dealing with malicious attacks involving the theft of digital assets.
Organizations working with digital assets increasingly need structured processes for managing compliance-related matters. We support businesses with transaction analysis, documentation, and coordination during regulatory or compliance reviews where required.
StarCompliance provides services related to digital asset risk assessment, transaction analysis, investigative support, and documentation for businesses operating with digital assets. Its work includes assisting organizations in reviewing transactions, preparing supporting information, and coordinating with relevant counterparties where appropriate.
This operational cooperation applies only in connection with servicing existing merchant relationships and is intended to support compliance and operational processes where required under applicable legal, regulatory, contractual, and internal compliance obligations.
The cooperation with StarCompliance complements CryptoProcessing’s existing partnerships and internal developments aimed at addressing security-related incidents for current merchants. Together, these resources provide additional capabilities for responding to cases in which existing merchants are affected by malicious activity, including access to relevant expertise, tools, and coordination mechanisms where needed.
