COMPLY & ZenLedger: Crypto Tax & Compliance Solution

compliance-officers-2.pdf” title=”Lönekartläggning … Officers”>Comply, ZenLedger Team Up for Advanced Cryptocurrency Compliance Tool in 2025

New York, July 4, 2025 – Comply, a compliance solution provider, has joined forces with ZenLedger, a blockchain data and tax solution expert, to introduce Comply Digital Asset trade Monitoring. This collaboration aims to provide an advanced compliance solution for the rapidly evolving digital asset and cryptocurrency markets.

Real-Time Cryptocurrency Transaction Monitoring Arrives

The innovative platform offers companies real-time insights into their employees’ cryptocurrency holdings and transactions.Compliance departments can now monitor all trades comprehensively to quickly catch potential legal violations. This is a significant leap from previous manual tracking methods. Firms adopting the Digital Asset Trade Monitoring tool will benefit from automated blockchain and exchange monitoring,streamlined staff onboarding,user-kind self-service features,and continuous system maintenance.

David Bliss, Comply’s Chief Product Officer, emphasized that this new tool directly addresses the challenges faced by clients in today’s dynamic market. He noted financial firms previously lacked an automated solution for digital asset compliance and relied heavily on manual processes, often using employee-provided data like cryptocurrency wallet screenshots.

Key Benefits of Automated Cryptocurrency Compliance

The Comply Digital Asset Trade Monitoring tool offers several advantages:

• Real-Time Visibility: Monitor employee cryptocurrency transactions and holdings in real time.
• Automated Monitoring: Automate blockchain and exchange monitoring to reduce manual effort and errors.
• Turnkey Onboarding: Streamline the onboarding process for all staff, making it quick and easy to get started.
• self-Service Capability: Empower employees with self-service tools for managing their cryptocurrency compliance needs.

This automated solution allows firms to improve their compliance processes, reduce the risk of legal infractions, and save time and resources.

Pro Tip: Regularly update your cryptocurrency compliance policies to reflect the latest regulatory changes and industry best practices.

Who Benefits from Comply’s Solutions?

Comply offers compliance solutions for a wide range of financial institutions,including private equity firms,hedge funds,broker-dealers,and investment advisors. With the addition of digital Asset Trade Monitoring, Comply continues to expand its offerings to meet the evolving needs of the financial industry.

As cryptocurrency markets continue to grow, maintaining robust cryptocurrency transaction monitoring practices is paramount for regulatory compliance and preventing illicit activities. This collaboration between Comply and ZenLedger marks a significant step forward in providing the necessary tools for firms to navigate this complex landscape.

Did you know that the global blockchain market is projected to reach $163 billion by 2029? Source: Fortune Business Insights

Feature	Traditional Monitoring	Comply Digital Asset Trade monitoring
Data Collection	Manual, employee-provided	Automated, real-time
Monitoring	manual review	Automated blockchain and exchange monitoring
Onboarding	Manual process	Turnkey onboarding
Maintenance	Manual updates	Ongoing maintenance

How do you think real-time monitoring will change the compliance landscape? What other tools do you think are necessary for cryptocurrency compliance?

Understanding Cryptocurrency Transaction Monitoring in 2025

cryptocurrency transaction monitoring is crucial for businesses operating in the digital asset space. It involves tracking and analyzing cryptocurrency transactions to identify suspicious activities, comply with regulations, and prevent fraud. Key roles in this process include compliance officers, analysts, and technology providers.

Red flags to watch out for include unusual transaction patterns, large sums of money moving through multiple wallets, and transactions originating from high-risk jurisdictions.By implementing best practices in cryptocurrency transaction monitoring, businesses can protect themselves from financial crimes and maintain a strong reputation.

Frequently asked Questions About Cryptocurrency Compliance

What is cryptocurrency transaction monitoring?

It involves tracking and analyzing cryptocurrency transactions to detect suspicious activities, ensure compliance, and prevent fraud.

Why is cryptocurrency transaction monitoring important?

It helps businesses comply with regulations, prevent financial crimes, protect their reputation, and maintain customer trust.

What are the key features of the Comply Digital Asset Trade Monitoring tool?

The tool provides real-time visibility into employee cryptocurrency holdings and transactions, automates blockchain and exchange monitoring, and offers turnkey onboarding.

How does automated cryptocurrency transaction monitoring improve efficiency?

Automated systems eliminate manual data collection, reduce errors, and provide faster, more accurate insights.

What types of firms can benefit from cryptocurrency transaction monitoring solutions?

Private equity firms, hedge funds, broker-dealers, investment advisors, and other financial institutions dealing with digital assets can all benefit.

What regulations are relevant to cryptocurrency transaction monitoring?

Regulations such as Anti-Money Laundering (AML) and Know Your Customer (KYC) are crucial for cryptocurrency businesses to comply with.

share your thoughts in the comments below and let us know how your company is approaching cryptocurrency compliance!

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COMPLY & ZenLedger: Your Ultimate Crypto Tax and Compliance Solution

The world of cryptocurrency is rapidly evolving, and with it comes the increasing need for robust tax and compliance solutions. Navigating the complex landscape of digital assets can be daunting, but with the combined power of COMPLY and ZenLedger, you can confidently manage your crypto taxes and ensure regulatory compliance.

Understanding the Need for Crypto Tax Solutions

As the cryptocurrency market matures,so does the scrutiny from tax authorities. Globally, governments are implementing stricter regulations to monitor and tax crypto transactions. This means that accurately reporting your crypto gains and losses is no longer optional; it’s a legal requirement. Failure to comply can lead to notable penalties and legal issues.

Key challenges faced by crypto investors and businesses include:

• Tracking transactions across multiple exchanges and wallets.
• Calculating capital gains and losses in various tax scenarios (e.g., FIFO, LIFO).
• Understanding the tax implications of staking, lending, and DeFi activities.
• Staying updated with constantly changing tax laws and regulations.

Why Choose COMPLY and ZenLedger?

COMPLY and ZenLedger offer a powerful synergy to simplify the complexities of crypto tax and compliance. They are designed for both individual investors and businesses, providing a comprehensive suite of features to streamline your crypto tax reporting.

ZenLedger: The Leading Crypto Tax Software

ZenLedger is a well-regarded crypto tax software that automates the process of tracking and reporting digital asset transactions. ZenLedger supports a wide range of cryptocurrencies and integrates with numerous exchanges and wallets.With ZenLedger, you can generate accurate tax reports, minimizing the risk of errors and ensuring compliance.

Key Features of ZenLedger:

• transaction Tracking: seamlessly imports transaction data from various sources.
• Tax Calculation: Accurately calculates gains, losses, and income using different accounting methods.
• Portfolio Tracking: Provides a clear overview of your crypto holdings and performance.
• Reporting: Generates tax forms and reports suitable for filing with tax authorities.
• DeFi Support: Handles complex DeFi activities like staking, lending, and yield farming.

COMPLY: Enhancing Crypto Compliance

While ZenLedger focuses on tax calculations and reporting, COMPLY takes a broader approach to crypto compliance. COMPLY provides tools for Know Your Customer (KYC), Anti-Money Laundering (AML), and other regulatory requirements. It helps businesses to adhere to compliance standards, reduce risks, and build trust with customers and regulators.

Benefits of COMPLY:

• KYC Verification: Streamlines the process of verifying customer identities.
• AML Compliance: Helps businesses meet AML obligations.
• Risk Management: Identifies and mitigates compliance risks.
• Regulatory Reporting: Assists with reporting obligations.

How COMPLY and ZenLedger Work Together

The integration of COMPLY and ZenLedger offers a combined solution that covers both tax and compliance aspects.While they may not be directly integrated, combining them provides businesses and individuals with well-rounded support.

Here’s how the integrated approach works:

1. KYC/AML verification (COMPLY): Ensure your users are compliant with all KYC and AML requirements, which helps to prevent any security issues.
2. Transaction Tracking (zenledger): ZenLedger tracks your transaction history across various exchanges and wallets. This provides a centralized view of all crypto assets.
3. Compliance implementation (COMPLY): COMPLY helps in building a comprehensive framework.
4. Tax calculation and Reporting (ZenLedger): ZenLedger converts transactions into tax-ready reports.

Benefits of Using COMPLY and ZenLedger

By leveraging COMPLY and ZenLedger, users can achieve significant advantages in managing their crypto assets:

• Efficiency: Automate tax calculations and compliance tasks, saving time and reducing manual effort.
• Accuracy: Minimize the risk of errors by using advanced algorithms and up-to-date regulations.
• Risk Mitigation: Ensure compliance with tax laws and regulations, avoiding penalties.
• Portfolio Management: Gain clear insights into your crypto holdings and financial performance.
• Peace of Mind: Focus on your investments, knowing your taxes and compliance are handled.

Practical Tips for crypto Users

To maximize the benefits of COMPLY and ZenLedger, consider the following tips:

• Connect all your exchanges and wallets: Ensure all your crypto activity is tracked by connecting, as a notable example, your Coinbase and Metamask or Trezor wallets.
• Regularly reconcile your transactions: Check for missing trades and correct any discrepancies to ensure accurate reporting.
• Stay informed on tax regulations: Tax laws change frequently. Keep up-to-date with updates to avoid issues.
• Seek advice from a tax professional: Although using COMPLY and ZenLedger greatly simplifies tax reporting, consulting with a tax professional is always recommended.

Real-World Examples & Case Studies

Consider these examples:

Example 1: Trader with Multiple Exchanges: A crypto trader, with accounts on Binance US, Kraken, and Coinbase, finds it challenging to track their transactions. ZenLedger imports their data smoothly, allowing them to quickly see their gains and losses. At tax time, the trader uses zenledger to generate the reports needed for filing. The trader’s compliance needs are managed with COMPLY.

Example 2: defi Investor: DeFi investors frequently enough engage in yield farming, staking, and liquidity pooling, making tax calculations complex. ZenLedger supports all of these DeFi activities and accurately calculates and reports income.

Feature	COMPLY	ZenLedger
KYC/AML	Yes	No
Transaction Tracking	No	Yes
Tax Calculation	No	Yes
Portfolio Tracking	No	yes
Regulatory Compliance	Yes	Limited