Catizen Telegram Collaborates with Elliptic, This is the Goal!
2024-08-27Bittime - Catizen, a rising mini-game on the Telegram platform and TON ecosystem, has just announced a big move. In an effort to strengthen the security of their ecosystem, they are collaborating with Elliptic.
On August 27, Catizen officially entered into a partnership with Elliptic, one of the largest compliance service providers in the crypto space. Check out the review!
Catizen Collaborates with Elliptic
Catizen, known as one of the mini-games with steady growth on Telegram, saw a huge opportunity after the launch of their mini-game center.
As popularity and number of users grew, Catizen recognized the need to strengthen its compliance infrastructure. This is to maintain user security and comfort.
Read also: CATS Telegram: How to Play and the Roadmap
For this reason, they collaborated with Elliptic, which is widely known as a leader in Anti Money Laundering (AML) and Know Your Transaction (KYT) services in the crypto industry.
“With this mission in mind, we partnered with Elliptic, to further elevate the already established compliance infrastructure for the Catizen ecosystem to another level of adoption by major exchanges,” read Catizen's official statement.
This collaboration announcement is an important step for Catizen, especially in their efforts to address on-chain money laundering risks. Elliptic itself has collaborated with several big players in the crypto world such as Binance and Coinbase.
This makes them the perfect partner for Catizen in implementing the high standards of compliance already implemented by these major exchanges.
Goals of Catizen Collaboration with Elliptic
The main goal of this collaboration is to ensure that the Catizen ecosystem remains safe and complies with applicable crypto regulations. Especially, in terms of preventing on-chain money laundering.
With this collaboration, Catizen hopes to provide a safe and comfortable experience for all Telegram users, which number up to 950 million people, without sacrificing user experience.
Balso: CATS Telegram: Everything You Need to Know
"We are committed to providing Telegram's 950 million users with a safe and secure environment without compromising any user experience," wrote the official statement.
Furthermore, Catizen wants to be a pioneer in crypto asset compliance in the Telegram mini-app ecosystem. So, they can provide assurance to users that their activities on this platform are safe and protected from potential risks of financial crime.
The collaboration between Catizen and Elliptic is a strategic step that shows Catizen's commitment to not only grow rapidly, but also ensure that this growth is accompanied by compliance with strict regulations.
With this collaboration, Catizen is ready to provide a gaming experience that is safe, comfortable, and complies with the highest regulatory standards, making them a pioneer in the mini-game industry on Telegram which prioritizes user security.
Through this collaboration, it is hoped that Catizen can continue to develop and have a positive impact on all Telegram users throughout the world, while still maintaining the integrity and security of its platform.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn How to Buy Crypto on Bittime.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.