Tagged: know your transaction

FATF List of Cryptocurrency Service Red Flags to Help Standardize how Jurisdictions Track Illicit Transactions, Chainalysis Says

The Financial Action Task Force (FATF) recently published a document for regulatory authorities and enforcement agencies. The FATF listed several different “red flags” in cryptocurrency transfers and service user profiles that may indicate that the entities involved in the transactions are engaging in money laundering,… Read More

Bitcoin Exchange Paxful Becomes First P2P Crypto Trading Platform to Work with Chainalysis to Enhance Compliance Processes

Chainalysis, a leading blockchain analytics and security company, has teamed up with Paxful, a major peer-to-peer (P2P) digital asset exchange. The partnership involves Chainalysis helping  Paxful with enhancing its compliance and KYC processes. Paxful will reportedly be using Chainalysis’ know your transaction (KYT) and “reactor”… Read More

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