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usnewsper-business · 5 months
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Tether Freezes Cryptocurrency Wallets Over Sanctions: What It Means for Digital Money #2020USpresidentialelection #compliance #credibility #cryptocommunity #decentralization #digitalassetecosystem. #digitalcurrencies #frozenwallets #illicitfinancing #lawenforcementagencies #privacy #regulatorylandscapes #Russianactors #sanctions #stablecoinissuer #strictregulations #terroristgroups #tether #trust #USTreasuryDepartment
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thecryptoreport · 4 years
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Tether (USDt) Adds Chainalysis KYT Tool to Improve Its AML Compliance
Tether (USDt) Adds Chainalysis KYT Tool to Improve Its AML Compliance
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The famous stablecoin issuer Tether and the blockchain forensics company Chainalysis have closed a partnership for Tether to improve the tools that it uses against money laundering.
The announcement that Tether will apply the token issuers’ Know Your Transaction tool from Chainalysis was made on Wednesday. By using this tool, the stablecoinissuer will be allowed to monitor transactions and to…
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