News Snapshot:
E-mail In a post on the BitMEX blog , the exchange confirmed an extension and expansion of its partnership with Chainalysis, a blockchain surveillance tool. The extended partnership will see BitMEX integrate the blockchain intelligence provider in a bid to identify and stop illicit transactions conducted on the crypto derivatives exchange. BitMEX will leverage Chainalysis’s Know Your Transaction (KYT) screening capabilities to investigate illicit activities to enhance compliance on the exchange. This technology has been widely integrated by other exchanges and governments tracking crypto transactions to stop “money laundering through detecting and flagging risky or suspicious behavior,” the report reads....
