KPMG in Canada and Chainalysis have announced they are teaming up to help reduce the threat of crypto fraud with the signing of a strategic agreement in which KPMG will join the Chainalysis Solution Provider program.
The collaboration advances the certification of KPMG professionals as Chainalysis Certified Investigators, a release stated, which in turn enhances their ability to assist clients across public sector agencies and private sector businesses to detect and prevent illicit activity related to cryptoassets.
“Our clients look to us as trusted advisors in the cryptoasset space, and our relationship with Chainalysis is a commitment to helping those clients be more agile, innovative and compliance-focused in an ecosystem that’s constantly evolving,” said Kunal Bhasin, partner and cryptoassets and blockchain co-leader at KPMG in Canada. “This collaboration will help to further solidify KPMG’s expertise in forensic investigations and cryptoassets and blockchain technology.”
The combination, the release said, leverages the expertise of both firms to provide enhanced blockchain monitoring, support, governance, and risk management to help organizations adhere to evolving cryptoasset regulations and advance their Anti-Money Laundering Compliance programs.