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Unnax and Onyze team up to offer regulated ‘crypto-as-a-service’ solutions

The Electronic Money Entity (EDE), Unnax, and Onyze, a pioneer company in Spain in new generation custody, have joined forces to launch the first solution on the market crypto-as-a-service under the umbrella of a fiat infrastructure.

The solution, which combines the technological services of crypto custody offered by Onyze with the regulated infrastructure of Unnax, will provide token operators with the necessary regulation to be able to operate with greater guarantee. This joint platform will mean a paradigm shift in the financial sector by enabling the creation of services that combine traditional currencies (fiat currency) with crypto assets.

The agreement offers a complete and unique technological solution that reinforces the security of cryptoactive transactions, complying with an increasingly strict regulatory framework in the prevention of money laundering and fiscal transparency. In this way, the technology will allow corporations included in the gray list of the CNMV and companies interested in building a cryptocurrency platform to do so in compliance with market recommendations.

This new service will increase the confidence of end customers and guarantee a better user experience while allowing companies – whether or not they are included on the gray list of the CNMV – Have greater scalability and stability in their businesses, avoiding possible sanctions by regulatory bodies. Likewise, in the future, the agreement will also allow these platforms to be provided with the necessary infrastructure on which to build banking services adapted to the traditional financial sector.

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We are facing an unprecedented boom in investments in cryptocurrencies and it is essential that these transactions are carried out with the maximum guarantees of security and control. Having the opportunity to merge our technology with the Onyze solution is undoubtedly one of these pillars that make a difference in the financial market.”, as indicated by Julián Díaz-Santos, founder and co-CEO of Unnax.

This alliance with Unnax means continuing to be at the forefront of the development of the crypto ecosystem. Today there is a very high demand and exponential growth in crypto transactions around the world, and today we demonstrate that our next-generation custody solution addresses those needs. Now Onyze will be the firm base on which all those who intend to launch a neobank or any cryptoactive platform are sustained”in the words of Ángel Luís Quesada, co-founder and CEO of Onyze.

For his part, Jordi Pérez, founder and co-CEO of Unnax, adds: “In addition to accelerating the time to market for companies that want to create their cryptocurrency platform, Unnax’s alliance with Onyze will give them legitimacy and allow them to comply with existing and future regulatory obligations. There truly lies the innovative character of our technological solution”.

In this way, Unnax becomes in the only EDE regulated by the Bank of Spain that can offer an infrastructure that allows companies in the crypto world to comply with the new and future requirements of the CNMV and the European Union thanks to the solution provided together with Onyze.

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