RATE Group | CoinField Taps Chainalysis for Cryptocurrency Compliance Solution
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CoinField Taps Chainalysis for Cryptocurrency Compliance Solution

20 Feb CoinField Taps Chainalysis for Cryptocurrency Compliance Solution

Posted at 14:55h in Cryptocurrency News by

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NEW YORK, Feb. 20, 2020 /PRNewswire/ — Chainalysis, the blockchain analysis company, has partnered with CoinField to provide the cryptocurrency exchange with an Anti-Money Laundering compliance solution. CoinField will use Chainalysis KYT(Know-Your-Transaction) software to detect and prevent money laundering and illicit activity in real-time across multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Litecoin, Ether, and many others. Additionally, CoinField will use Chainalysis Reactor to conduct further investigations into suspicious activity.

“CoinField’s mission to make cryptocurrency more accessible globally complements our mission to build trust in blockchains,” said Jason Bonds, Chief Revenue Officer, Chainalysis. “We both believe compliance is critical to the mainstream adoption of cryptocurrency, and we look forward to partnering with CoinField to promote the safe use of cryptocurrencies globally.”

CoinField will use the integrated software solution…

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