Miami, Florida, November 26th, 2024,
Chainwire
Advancing compliance and trust in the
cryptocurrency ecosystem.
We are proud to announce that
James Young, Transak’s Head of Compliance
and MLRO, has joined the Elliptic Client Advisory
Board. This esteemed group brings together industry
leaders to collaborate on solving critical challenges and setting
new standards in crypto compliance and innovation.
Since joining Transak in 2021,
James has built and scaled the compliance team into a world-class
department that today processes tens of thousands of transactions
daily from over 160 countries. Under his leadership,
Transak has implemented a robust compliance framework that ensures
secure, transparent, and fully regulated cryptocurrency
transactions. His efforts have solidified Transak’s position as a
trusted partner for businesses worldwide, fostering confidence in
the growing digital economy.
James’s appointment to Elliptic’s
Client Advisory Board reflects his remarkable contributions to the
field. He has held senior compliance positions at globally
recognized organizations, where he successfully led initiatives to
ensure adherence to international regulatory standards. As Head of
Risk and Compliance at a leading global payments and currency
exchange firm, James navigated a period of significant
organizational transformation, strengthening compliance frameworks
and mitigating risks. Earlier in his career, he served at the
Financial Conduct Authority (FCA), contributing to regulatory
enforcement and oversight within one of the world’s most respected
financial authorities.
Elliptic, a pioneering UK blockchain
analytics firm, was founded in 2013 by Adam Joyce,
Tom Robinson, and James Smith.
Headquartered in London, with offices in New York
and Singapore, Elliptic is the first company to
develop cryptoasset anti-money laundering (AML) and sanctions
compliance tools powered by blockchain analytics. Its cutting-edge
solutions enable financial institutions, crypto businesses, and
government agencies to detect illicit activity, manage risk, and
ensure compliance with regulatory standards. Elliptic’s leadership
in blockchain investigation tools and analytics has earned it the
trust of institutions worldwide.
The Elliptic Client Advisory Board
brings together experts from across the industry to address
pressing challenges, share insights, and co-develop solutions that
drive innovation and trust in the blockchain ecosystem. As a
member, James will collaborate with other leaders to contribute to
the development of industry-best practices and compliance
standards.
Speaking on his new role, James
shared:
“I’m honoured and privileged to join
Elliptic’s Client Advisory Board and collaborate with industry
peers to address the evolving challenges of crypto compliance.
Together, we have the opportunity to drive meaningful change and
shape a more transparent, secure future for digital assets.”
Congratulations to James Young on this
significant achievement! We are excited to see the positive impact
he will make on the advisory board and the broader crypto
compliance landscape.
Contact
Harshit
Gangwar
harshit.gangwar@transak.com
