BitMEX To Prevent Illicit Transactions With Chainanalysis


Source: bitcoinethereumnews.com bitcoinethereumnews.com

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Bitcoin Ethereum News BitMEX announced their decision to strengthen their existing long-term partnership with Chainanalysis by integrating their crypto trading services with the company’s KYT (Know Your Transaction) screening capabilities. Doing so would help BitMEX to enhance the security of their platform for their customers and help them to adhere to the compliance protocols. BitMEX would be able to identify, investigate, and prevent unauthorized transactions happening on their platform with the help of Chainanalysis’s innovative technology, KYT. KYT technology will boost the money laundering detection capability of BitMEX by monitoring, detecting, and identifying suspicious activities and spurious transactions. Malcolm Wright...