Tap Announces the Launch of “Crypto as a Service” for Corporates

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Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

Crypto as a Service (CaaS) an innovative service in line with Software as a Service (SaaS) and Banking as a Service (BaaS).

As with other services you may be familiar with, Crypto as a Service which enables companies that are regulated for other activities to use the regulatory status of Tap to offer Crypto related services to their users without having to obtain a license themselves. This acts as a clear advantage, especially in countries that do not offer a license or regulated status for Crypto services.  

By using the CaaS provided by Tap many organisations can offer the additional services Tap provides by integrating with the Tap bespoke middleware, this integration would enable organisations to provide these services without the ongoing monitoring, reporting and compliance hassle that they already perform for their current regulated services.Tap employs instruments that are considered some of the finest available to monitor any activity associated with crypto-currencies, including real-time monitoring of the wallets from which assets are originated or to which they are sent.  The receiving or sending of funds to certain wallets is restricted if identified as having particular risk alerts, including the sending, or receiving of funds to or from wallets identified as engaging in illegal activity in the relevant jurisdiction.

Each potential partner can define their desired return on investment, effectively allowing the organization to provide real-time trading on multiple crypto-assets at attractive rates for their operations and the customers they serve.  Partners can determine the margin applicable to any end-user trading