Reflection on a Remarkable 2023 Journey

Bitlocus Company News

Last Updated: January 12, 2024

Reflection on a Remarkable 2023 Journey

Setting out on a path marked by milestones and expansion, Bitlocus proudly shares a behind-the-scenes glimpse into our triumphs and aspirations.

FNTT Inspection Triumph: Demonstrating Proactive Compliance and Excellence!

Embarking on a proactive journey toward regulatory excellence, was included in the planned inspection list with FNTT, alongside other Lithuanian esteemed financial entities. This strategic move, intended for comprehensive compliance assessment, emphasized our commitment to transparency and integrity. From January to March, our dedicated team diligently prepared for the FNTT inspection, focusing on seamless implementation of Anti-Money Laundering and Counter-Terrorist Financing (AML-TF) requirements within Bitlocus processes. The successful outcome not only validates our commitment to regulatory standards but also reinforces our dedication to user safety and client satisfaction. This whole regulatory campaign makes Bitlocus more compliant towards 2024 plans of becoming one of the top regulated DeFi providers across Europe.

Enhanced KYC and KYB Features

We prioritized your security by implementing advanced Know Your Customer (KYC) and Know Your Business (KYB) features. This upgrade ensures a comprehensive verification process, fostering trust and compliance within our platform. Your transactions are now more secure than ever.

Customization Options for Fees and Swaps

Tailoring our services to your unique needs, we introduced the flexibility to customize fees and swaps. This enhancement allows you to optimize your cost structure and adapt to evolving market conditions, providing a personalized experience that aligns with your business strategy.

Dedicated IBAN Usage for Seamless Transactions

Simplifying financial transactions, we introduced dedicated IBAN usage. This feature streamlines the process, enabling smooth and efficient fund transfers within the Bitlocus platform. Your financial operations are now more seamless and user-friendly, contributing to an enhanced overall experience.

Automated OTC Desk for Hassle-Free Trading

Introducing an automated Over-the-Counter (OTC) desk, we've streamlined the trading process. This feature provides a hassle-free environment for large transactions, ensuring efficiency and speed in executing trades. Your trading experience is now more automated and user-centric.

Amlyze & Scorechain Integration for Enhanced Analytics

To empower your decision-making, we integrated with AMLYZE and SCORECHAIN for advanced analytics. This collaboration enhances the depth of insights available to you, facilitating data-driven decisions and providing a comprehensive view of your transactions within the Bitlocus ecosystem.

Exciting collaboration with MELD

Experience the future of decentralized finance through MELD, meticulously crafted with collaborative expertise from Bitlocus. This cross-chain, non-custodial solution ensures secure and user-friendly asset management, accommodating various blockchain preferences. From effortless navigation through digital assets to governance options, MELD stands as a testament to the innovative partnership between Bitlocus and MELD, reshaping the landscape of decentralized finance.