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Home Press Releases

RedotPay completes independent AML/CFT review by a Big Four firm

Cision PR Newswire by Cision PR Newswire
September 8, 2026
in Press Releases
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HONG KONG, Sept. 8, 2026 /PRNewswire/ — RedotPay, a global stablecoin payments company, today announced the receipt of an independent review on its AML/CFT controls and processes conducted by a Big Four firm.

RedotPay logo

The review evaluated the company’s licensed Hong Kong subsidiaries*’ AML/CFT controls and processes against the relevant guidelines issued by the Hong Kong Companies Registry. Its scope covered end-to-end compliance processes, including governance, quality assurance, customer due diligence (CDD), transaction monitoring, and internal staff training and resourcing.

The independent review confirms that RedotPay’s processes and controls are capable of identifying, assessing, and managing financial crime risk. It also provides RedotPay with an external perspective on its AML/CFT framework which will help inform the company’s ongoing work to strengthen controls as its products, operations, and regulatory obligations evolve.

“All stablecoin payments firms have a sole responsibility to operate with strong safeguards and clear accountability,” said a RedotPay spokesperson. “We welcome independent scrutiny because it helps us continuously assess and improve the controls that support our users, partners, and the broader payments ecosystem.”

The announcement comes as stablecoin-powered payments become increasingly integrated with payment, card, and financial-services infrastructure. RedotPay expects stablecoin-powered cards to reach $50 billion in annualized spend by 2028, underscoring the importance of robust AML/CFT controls as the sector scales.

RedotPay’s AML/CFT framework is designed to identify, assess, and manage financial-crime risk across its business. The company will continue investing in its compliance controls and working with relevant regulators and partners as the policy and regulatory landscape for stablecoins and digital payments develops.

About RedotPay

RedotPay is a global stablecoin-based payment fintech that integrates blockchain solutions with traditional banking and finance infrastructures. Our intuitive platform empowers millions around the world to spend and send digital assets, ensuring faster, more accessible and inclusive financial services. RedotPay advances financial inclusion for the unbanked and supports crypto enthusiasts, driving global adoption of secure and flexible stablecoin-powered financial solutions to bring crypto to real life. For more information, visit www.redotpay.com.

*The review applied to Red Dot Trust Limited and Red F. Technology Limited.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/redotpay-completes-independent-amlcft-review-by-a-big-four-firm-302872429.html

SOURCE RedotPay

Cision PR Newswire

Cision PR Newswire

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