LAS VEGAS, Aug. 18, 2022 /PRNewswire/ -- Fortress Blockchain Technologies today announced that it has added the Web3 industry's first sanctions screening and compliance layer to an embeddable wallet for NFTs, fungible rewards tokens and cryptocurrency. This creates the world's first enterprise grade, embeddable wallet that protects businesses and their users against bad actors, terrorist financing, and money laundering without intrusive personal identity requirements on users.
NFT marketplaces, crypto exchanges, production studios, sports agencies and other Web3 innovators are becoming increasingly aware of their role and responsibilities in mitigating not only fraud on their platforms but also their services being used for illicit activities that include terrorist financing, money laundering, sanctions evasion, and enablement of financial crimes.
With the Fortress embeddable Wallet, crypto exchanges, NFT marketplaces, metaverses, Web3 projects, and corporate brands can now breathe...
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