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OrangeX.com: Leading the Way in Regulatory Compliance Excellence

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VICTORIA, Seychelles, March 25, 2025 /PRNewswire/ — In the fast-paced and ever-evolving cryptocurrency landscape, regulatory compliance has become a defining factor in ensuring long-term sustainability, security, and trust. As a premier global cryptocurrency exchange with more than 3 million users, OrangeX.com is dedicated to upholding the highest standards of legal and regulatory adherence. It fosters a transparent and secure trading environment for users worldwide, which is essential in building trust and reliability with its users and stakeholders.

Adapting to Global Regulatory Standards

OrangeX.com proactively aligns with key regulatory frameworks across multiple jurisdictions, ensuring its operations comply with evolving global regulations. Recognizing the importance of credibility in the international market, OrangeX.com has strategically secured essential licenses and implemented stringent compliance measures.

To reinforce its regulatory foundation, OrangeX.com has obtained a Virtual Asset Service Provider (VASP) license in the Czech Republic.

The Financial Market Supervision Authority (FMSA) serves as the regulatory body administrating and monitoring crypto-related activities in the Czech Republic. As a registered VASP, OrangeX.com has the authorization to provide exchange services between various forms of virtual assets with fiat currency. For OrangeX.com users, the benefits of VASP include more liquidity, wider availability, and tighter data encryption. Operating legally in the Czech market is also a significant milestone for OrangeX.com in expanding its presence in the European Union (EU) region.

Strengthening Compliance Measures

Beyond regulatory licensing, OrangeX.com has embedded a rigorous Know Your Customer (KYC) and AML framework into its operations. These initiatives are designed to prevent illicit financial activities while fostering a secure and trustworthy trading ecosystem. The exchange’s dedicated AML/CFT and Sanctions Compliance team comprises seasoned professionals with extensive industry experience and accredited certifications in anti-money laundering compliance. To further safeguard its platform, OrangeX.com enforces enhanced due diligence (EDD) protocols for high-risk customers and transactions, ensuring meticulous scrutiny and compliance. By leveraging advanced blockchain analytics tools and collaborating with industry-leading compliance firms such as LexisNexis Risk Solutions, SlowMist, and CipherOwl, the exchange continuously monitors transactional activities to detect and mitigate potential risks associated with financial crimes.

LexisNexis Risk Solutions: A global leader in data analytics and risk management, LexisNexis Risk Solutions provides advanced fraud detection, identity verification, and financial crime compliance solutions. The company is trusted by top-tier financial institutions, government agencies, and multinational corporations, helping them mitigate risk and navigate complex regulatory landscapes with cutting-edge AI-driven analytics. The company collaborates with major institutions worldwide and employs professionals from top firms like IBM, Accenture, and Deloitte.Slowmist: A renowned blockchain security firm specializing in smart contract auditing, threat intelligence, and anti-money laundering (AML) solutions. The company has partnered with leading global crypto exchanges such as Binance and OKX, as well as blockchain projects like Ethereum and EOS, to provide comprehensive security assessments and cyber threat mitigation strategies. The team includes experts from leading tech and cybersecurity companies like Alibaba and Tencent.CipherOwl: CipherOwl is a next-generation, AI-powered onchain intelligence platform revolutionizing regulatory compliance and risk analysis for institutional use cases. Leveraging advanced machine learning and data-driven algorithms, CipherOwl automates transaction monitoring and predictive risk assessment, enhancing compliance effectiveness and operational efficiency. Backed by prominent U.S. institutional investors—including General Catalyst, Coinbase Ventures, Road Capital, OKX Ventures, and Sancus—the CipherOwl team consists of experts who built Coinbase‘s onchain data infrastructure and compliance platform, bringing extensive experience from top technology and blockchain companies such as Coinbase, Amazon, Microsoft, Twitter, and Chainalysis. This uniquely positions CipherOwl to drive innovation in digital asset compliance.

This partnership further highlights OrangeX.com’s dedication to adapting to evolving regulatory landscapes and solidifying its position as a responsible leader in the cryptocurrency space. Through this collaboration, OrangeX.com aims to continuously improve its compliance measures, safeguarding users and enhancing the security of its platform.

Completed the integration of the Travel Rule API

OrangeX.com has integrated multiple Travel Rule APIs, including those provided by verifyVASP and CODE Alliance, as a critical component of its AML regulations. The Travel Rule mandates that transaction data is shared when sending cryptocurrencies above a specified value to Virtual Asset Service Providers (VASPs). This integration highlights OrangeX.com’s commitment to compliance and its proactive efforts to meet the requirements outlined by the Markets in Crypto-Assets Regulation (MiCAR).

Prioritizing Transparency and Security

Transparency is a cornerstone of OrangeX.com’s compliance strategy. The exchange consistently publishes detailed reports outlining its regulatory compliance efforts, AML policies, and security measures. Additionally, OrangeX.com conducts regular internal and external audits to ensure operational integrity and uphold regulatory excellence.

Security remains a top priority. OrangeX.com implements robust security measures, including penetration testing, vulnerability assessments, and advanced encryption technologies like Transport Layer Security (TLS) and Advanced Encryption Standard (AES).

By embedding compliance at the core of its operations, OrangeX.com not only protects its users but also strengthens the credibility and legitimacy of the broader cryptocurrency industry. As regulatory landscapes continue to evolve, the exchange remains dedicated to maintaining responsible and compliant trading practices on a global scale.

About OrangeX.com

Established in 2021, OrangeX.com provides its users with services including derivatives trading, spot trading, one-click copy trading, and a fiat gateway to purchase cryptocurrencies. OrangeX.com continues to connect users with professional services and the platform in a safe and innovative way.

For more information, please visit: Website | Twitter | Telegram | CoinMarketCap | Medium

For media inquiries, please contact: marketing@OrangeX.com 

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SOURCE OrangeX

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

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July 23, 2026

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NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

Published

5 seconds ago

on

July 23, 2026

By

NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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Fathom Applauds Introduction of the FRONTIER Act, the First Federal Blueprint for Independent AI Verification

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July 23, 2026

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Reps. Lori Trahan (D-MA-03) and Jay Obernolte (R-CA-23) introduce a bill to build a competitive marketplace of independent verifiers for frontier AI models.

WASHINGTON, July 23, 2026 /PRNewswire/ — Fathom welcomes the introduction of the FRONTIER Act, the most complete federal framework yet for independent, third-party verification of frontier AI. The legislation is built to earn public trust as AI technology continues to accelerate. As frontier systems begin to take autonomous action in the world, the gap between what these models can do and our ability to keep them in check is widening. FRONTIER is the starting point to close that gap.

“AI governance keeps running into the same wall. The technology is hard to measure and it moves faster than any law can keep up with,” said Andrew Freedman, Co-Founder and CEO of Fathom. “Trying to write the perfect rules and freezing them in place won’t work. What will work is a competitive market of independent verifiers who are accountable for real-world outcomes and who the government can actually count on. The FRONTIER Act shows we can move fast and still get this right.”

The bill gets the fundamentals correct. It sets one public standard – the adequate mitigation of catastrophic risk – and holds both the AI companies and their independent verifiers accountable to it. FRONTIER does not freeze a single testing method into statute. Instead, it licenses competing verification organizations, allows them to sharpen their methods, and gives the government the power to revoke a license when a verifier’s work does not hold up in the field. That is how you build a system that keeps pace with the science instead of falling behind it.

Fathom thanks Reps. Trahan and Obernolte for their leadership, and for their courage in releasing a discussion draft, inviting scrutiny, and incorporating substantive improvements from across the field. One priority improvement as the bill advances: giving the government a fuller range of tools to act upstream – for pushing companies to close identified gaps in risk mitigation early, rather than only once a catastrophe is imminent. We are committed to working with these sponsors, committees of jurisdiction, and Congressional leadership to continue refining the bill in the weeks and months ahead.

About Fathom
Fathom is an independent nonprofit whose mission is to build a governance architecture that helps society navigate the transition to a world with AI by fostering trust, safety, and innovation. Fathom has developed and championed the independent verification model for AI and works with policymakers across the country to put it into practice. Learn more at http://fathom.org.

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SOURCE Fathom AI Inc.

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