FOMO Daily, 18th October 2018

FOMO Daily, 18th October 2018

0 0 9 months ago
Binance announced to partner with Chainalysis, a blockchain forensics company to work on anti money laundering and know-your-customer compliance. The KYT solution of Chainalysis provides real-time transaction monitoring services based on pattern recognition and it can flag a suspicious transaction right as it happens. I argue the Binance partnership is nothing but a PR move. Binance does need some good PR around anti money laundering as regulators start paying attention to exchanges.

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