Notabene, a startup specializing in helping cryptocurrency firms comply with anti-money laundering regulations, has raised $14.5 million in Series B funding led by DRW Venture Capital. The funding round included participation from various notable investors. As the European Union prepares to enforce its updated Transfer of Funds Regulation by the end of the year, Notabene anticipates a significant increase in transaction volume, with around $2 billion in daily transactions expected. This update requires crypto companies to share information about the parties involved in transactions, pushing the industry toward global compliance. CEO Pelle Braendgaard predicts that similar regulatory efforts will be adopted in the U.S. under the next Trump administration, which he believes could rejuvenate trading volume domestically. The company's platform currently has 165 clients, including some major virtual asset service providers.

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