A young man in Los Angeles has pleaded guilty to charges of drug dealing, unlicensed money transmitting and money laundering relating to the processing of $25 million USD in illicit money via his Bitcoin trading services.
This is the risk token issuers are facing. Fraud is a reality, which is why “Know Your Customer” (KYC) and “Anti-Money Laundering” (AML) are absolute necessities in any transaction using cryptocurrencies. The World Token Market has seen the future and the possible crimes associated with tokens and takes security very seriously.
The proprietary platform created and used by Horizon-Globex not only incorporates the KYC and AML strategies with an initial token issuance, it also maintains the process and updates the information every 24 hours! This is HUGE! It allows businesses to issue tokens to its investors knowing their liability is virtually nil.
The security aspect, together with the absolute compliance with all SEC Rules and Regulations, makes the World Token Market safe, secure and compliant. This comes with user-friendly ease of issuance of tokens for the business as well as the investors!
There’s a significant distinction to be made here: there are multiple token platforms out there that everyone can utilize, but THERE IS ONLY ONE platform that offers all the crucial aspects in one place with continuous KYC and AML checks, security, compliance and ease of use!
Don’t be a target for that guy in Los Angeles! Compare what’s out there and you’ll soon discover that only the World Token Market – the one stop shop for smart tokenization – can offer you all the security and compliance benefits of a tokenization platform with all its high-tech high touch features in an easy to understand and efficient manner. Request a demonstration of how it works today!