BlockSec, a well-known platform for blockchain security, has announced its new partnership wth FinTax, a popular platform offering services and software dealing with crypto tax. The collaboration focuses on providing a unified solution to enable crypto security protection, compliance risk control, and tax management. The platform revealed the details of this development in a recent X post.
BlockSec Collaborates with FinTax to Bolster Crypto Compliance and Security
BlockSec’s partnership with FinTax is poised to provide an all-inclusive solution with the integration of crypto-related risk management, tax management, and security protection. In this respect, the development offers a comprehensive service to facilitate institutions across the crypto sector. FinTax has become a key platform when it comes to crypto taxation. In this respect, it has a remarkable suite of diverse services, including software for end-to-end crypto taxation and efficient tax advisory.
In addition to this, FinTax has an active engagement in establishing standards for tax compliance in the crypto world across diverse jurisdictions. This signifies the growing influence of FinTax in the wider regulatory sphere. With this collaboration, FinTax and BlockSec jointly focus on a considerable market demand.
Apart from that, it also attempts to provide secure, compliant, and resilient operational tools on which institutions can depend while the regulatory environment becomes more complex. While discussing this initiative, BlockSec’s CEO stated that the platform has exceptional technical abilities when it comes to security protection. Additionally, the Phalcon compliance APP thereof also delivers real-time compliance management and detection capabilities.
Setting Unique Standards for Tax Infrastructure and Compliance for Crypto Entities
According to BlockSec, while the crypto market keeps evolving, the new partnership highlights a growing cross-functional collaboration linking compliance service platforms and crypto entities. By merging the security innovation of BlockSec with the tax expertise of FinTax, the collaboration endeavors to deliver unique standards concerning institutional-level tax infrastructure and compliance.
