RATE Group | Chainalysis Reveals Real-Time Suspicious Cryptocurrency Transaction Alerts
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Chainalysis Reveals Real-Time Suspicious Cryptocurrency Transaction Alerts

22 Aug Chainalysis Reveals Real-Time Suspicious Cryptocurrency Transaction Alerts

Posted at 21:00h in Cryptocurrency News by

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Leading blockchain analysis firm Chainalysis has just revealed new tools to help cryptocurrency companies stay compliant with regulators. The firm’s existing “Know Your Transaction” (KYT) platform will now provide real-time alerts to companies using it.

The alerts will give the company accepting payment with a reading of how likely Chainalysis deems to the funds to have been involved in money laundering or other financial crimes. The service will be available for all fifteen cryptocurrencies currently supported by the blockchain investigation company.

Chainalysis Expands KYT Platform for Cryptocurrency Companies

According to a report in financial news publication HedgeWeek, the blockchain forensics firm Chainalysis has just launched new tools to help cryptocurrency companies remain compliant in an ever-changing regulatory environment.

The latest weapon in the company’s arsenal aimed at reducing the risks of companies handling funds involved with money laundering is a real-time…

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