Tether Partners with Chainalysis Amid Rising Regulations
Tether announced on Thursday its collaboration with blockchain surveillance firm Chainalysis to monitor transactions involving its tokens on secondary markets. The move aims to enhance Tether’s ability to identify and address potential risks associated with illicit activities such as terrorist financing and sanctions evasion. The monitoring system, which includes capabilities for international sanctions compliance and detection of illicit transfers, will enable Tether to identify crypto...
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