Cryptocurrency exchange Kraken in the latest tweet shared an infographic revealing the number of inquiries exchange receives from the global law and enforcement. In 2019, the exchange received a total of 710 inquiries, a 50% increase compared to 2018. Most of the inquiries (nearly 60%) came from U.S. authorities. Exchange...
Cryptocurrency exchange Bitfinex has integrated a compliance tool from blockchain analysis firm Chainalysis. Chainalysis’s “Know Your Transaction (KYT)” compliance software will help Bitfinex detect suspicious transactions on a real-time basis. Exchanges Binance and Bittrex have also recently integrated Chainalysis compliance software ‘KYT’. Chainalysis compliance solution is “aligned with what we...
