Blockchain Solution for FATF ‘Travel Rule’ to Keep User Data Private
CipherTrace is teaming with Shyft on a blockchain solution to help crypto firms meet tough new standards from the Financial Action Task Force.
The blockchain analytics provider now offers a window into the data of more than 87 percent of the top 100 cryptocurrencies.
Blockchain forensics firm CipherTrace has developed a mobile tool for flagging bitcoin and ethereum tokens with a criminal past.
CipherTrace is now providing AML compliance on Binance Chain, which supports both the exchange's BNB token and DEX.
CipherTrace has rolled out software for sharing sensitive customer information under the FATF’s new “travel rule” for global crypto exchanges.
In total, investors, users, and exchanges have lost some $4.3 billion from illicit activity.