August 8, 2019 Japan-based crypto exchange, VCTrade, announces its integration of new KYC-focused hardware wallet, CoolXWallet, designed for compliance with recent FATF regulations.

The wallet’s addresses are linked to users’ exchange accounts, and the wallet’s accompanying software will only allow it to receive assets from the exchange once the user has completed “multiple layers” of KYC measures. This software, called Sygna, was developed by CoolBitX for its CoolWallet S, of which CoolXWallet is a custom version created specially for VCTrade.