HashingSpace Corporation has reinforced its commitment for cleaner online transactions via its platform, by clinching an agreement with the anti-money laundering and regulatory compliance platform IdentityMind Global™.

Earlier we had reported that this Washington-based Bitcoin company had filed its Registration of Money Service Business (RMSB) form with the U.S. Financial Crimes Enforcement Network (FinCEN).

Announcing the agreement, Timothy Roberts, CEO of HashingSpace said that “IdentityMind Global™ provides HashingSpace with the complete suite of risk monitoring and anti-money laundering technology we need to comply with regulation anywhere in the world. Money laundering is an issue we take seriously, and compliance issues are a complicated obstacle that companies in our space have to stay current with. IdentityMind’s complete risk and AML solution will give us the capabilities we need to identify and prevent these issues.”

Continuing in the same vein Roberts said that “We have to make sure our company, customers and shareholders are protected. IdentityMind Global’s™ proprietary technology matches all the parameters captured from a transaction to find suspicious signs of identity theft and fraud.”

Echoing the sentiments expressed by the CEO of HashingSpace, Jose Caldera, IdentityMind VP of Marketing & Product said that “these companies are genuinely trying to do things right, to protect their customers, and prevent their businesses from facilitating criminal activity. We’re proud to provide the KYC, fraud prevention, and monitoring technologies these businesses use to identify and prevent any suspicious activity, as part of their AML program to comply with U.S. and international regulations.”

It should be noted that while IdentityMind Global™ is an established name and provides anti-money laundering and compliance services for Bitcoin in 4 continents, HashingSpace Corporation is a Bitcoin company which aims to expand its data centers to help cater to the ever-growing Bitcoin industry with low cost but safe and compliance-friendly solutions.