12th October 2020 Compliance Coinify receives first official visit from the Danish Financial Supervisory Authorities Coinify is dedicated to providing a secure and compliant service to our customers working towards mainstream adoption of virtual currency usage. For many years we have worked alongside national and international bodies such as the Danish Financial Supervisory Authority. The implementation of the European Union’s 5th directive on AML in January 2020 made it possible for our ongoing positive relationship to be recognised with an official registration with the Danish FSA. As part of being registered with the Danish FSA, Coinify is now eligible for scrutinisation of its processes and procedures by the regulator. Formal inspections by financial authorities mark an important step in developing the maturity of the world of virtual currency, and Coinify is therefore proud to be one of the first virtual currency trading companies in Northern Europe to go through this process. The outcome of the inspection can be found in the official paper available for download below. Coinify received remarks on two points, which subsequently have been addressed by Coinify. You can download the full report here (in Danish only).