BitAML compliance experts call on decades of experience in financial compliance to develop and integrate a scalable crypto AML program custom-tailored to your operation that satisfies your unique federal and state AML compliance obligations.
BitAML compliance experts conduct independent AML audits as required on an annual basis by the Bank Secrecy Act. The audit assesses the fitness of your current AML program and provides actionable recommendations for improvement.
BitAML compliance experts conduct remote online training workshops for crypto businesses to satisfy requirements of the Bank Secrecy Act. The training features a mix of lectures, team exercises, Q&A, and individualized instruction.
Financial institutions from crypto startups to international exchanges have numerous compliance responsibilities to manage, including reporting and state licensure.
Security compliance is a growing concern in the cryptocurrency space as regulators grow increasingly concerned about consumer protection. The risk of financial loss, reputational damage, and a loss of consumer confidence resulting from a cyber attack or “hack” is an increasing worry for crypto financial institutions.
To assist businesses, BitAML offers a complete cybersecurity audit which results in the development of customized policies and protocols to tighten security gaps designed to exceed regulatory expectations by adopting the stringent frameworks of New York and Washington State
Consumer-friendly cryptocurrency regulations being considered in multiple states speak to a growing concern about consumer protection in the market.
BitAML is a compliance advisory firm working in the fast-growing and dynamic cryptocurrency financial sector. We offer compliance advisory services and consultation for regulated cryptocurrency companies, including bitcoin ATM operators, exchanges, traders and trading platforms, hedge funds, crypto-cannabis and other innovative solutions providers.
Our tools and services are designed to make it easier for you to understand and implement relevant, up-to-date compliance practices in the cryptocurrency industry. Cryptocurrency has been around for just short of a decade, and as an industry is still very much in its infancy. Thus, it’s occasionally unpredictable, and newcomers to the space need expert guidance navigating compliance landmines at all levels of government.
Joe Ciccolo is the founder of BitAML and an experienced financier. Before launching BitAML, Joe spent over a decade in high-impact roles with leading institutions. He was a founding member and architect of a Bank Security Act and Anti-Money Laundering program for a top 100 U.S. online financial institution and also worked as a project manager for a top 20 international bank, where he managed regulatory and AML audit remediation projects. He has additional leadership experience working on projects in risk management, vendor due diligence, fraud prevention, and corporate investigations.
Annelise is a financial institution expert with over 15 years of experience in areas such as fintech BSA/AML compliance, bank BSA/AML compliance, bank operations, money transmitter business, commercial real estate transactions, sales, and client relationship management. In the cryptocurrency space, she has worked for bitcoin exchange bitFlyer USA and large financial institutions including Bank of America, Union Bank, US Bank and UBS|PaineWebber.
Brandon Burton is a full-stack software engineer specializing in cutting-edge projects through BitAML that will help make cryptocurrency accessible to everyone in the world. Starting out as a Mobile Software Engineer, Brandon is now an entrepreneur whose pursuit of the American Dream has brought him to the cryptocurrency industry. He has six years of industry standard software engineering experience and graduated with a BS in General Computer Science from Southern Oregon University.