avatar

New York State Department of Financial Services Encourages Virtual Currency Business Entities to Adopt Blockchain Analytics Services

According to a virtual currency guide issued by the New York State Department of Financial Services (NYDFS), the department is encouraging virtual currency business entities to adopt blockchain analytics tools and services. This is to enhance KYC, transaction monitoring of on-chain activity and the identification of sanctions for on-chain activity in order to drive industry compliance.
Source

Policy and Regulation

Related News
'He signs whatever I say': LIBRA token 'facilitator' Hayden Davis claims he paid Argentine Pres. Milei's sister for influence: report 'He signs whatever I say': LIBRA token 'facilitator' Hayden Davis claims he paid Argentine Pres. Milei's sister for influence: report
Argentinian President Javier Milei charged with fraud over $LIBRA token scandal: AP Argentinian President Javier Milei charged with fraud over $LIBRA token scandal: AP
Bitwise files Dogecoin ETF registration, firm confirms Bitwise files Dogecoin ETF registration, firm confirms
Trump-backed World Liberty Financial swaps approximately $90 million worth of stablecoins for ETH, LINK and other tokens Trump-backed World Liberty Financial swaps approximately $90 million worth of stablecoins for ETH, LINK and other tokens
World Liberty Financial sees surge in token sales following Donald and Melania Trump memecoin launches World Liberty Financial sees surge in token sales following Donald and Melania Trump memecoin launches
Latest News More More
14 Hours Ago Kraken launches forex perpetual futures with up to 20x leverage
14 Hours Ago Bybit CEO says nearly 28% of $1.4 billion hacked crypto 'gone dark,' moved to P2P and OTC
3 Days Ago Eliza Labs unveils auto.fun, a no-code AI agent launchpad with 'fairer than fair' token model
3 Days Ago Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
4 Days Ago Base scrutinized over promotion of token that briefly crashed 95%; says part of 'contentcoin' vision

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open