transaction monitoring<\/a><\/strong> system like Chainalysis KYT is essential to us. It will help us to demonstrate our commitments to be compliant. Besides that, Chainalysis KYT tool is a vital tool for us when it comes to analyzing, detection, flagging off and prevention of money laundering.<\/span><\/p>\n<\/blockquote>\nApart from working with crypto-based exchanges such as Bittrex, Chainalysis also works with financial institutions and governments to analyze data using blockchain technology. Through its products and support, Chainalysis can increase belief and confidence in people when they initiate crypto-based cryptocurrencies. Behind its excellent products, Chainalysis has the backing of leading venture capitalist firms together with other reputable firms such as Accel.<\/p>\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
In a bid to comply with regulations in place while still providing traders with a secure platform to use, Bittrex will integrate Chainalysis Know Your Transaction (KYT) on its platform. Though its move is aimed at complying with new regulations put forth by FATF, the KYT solution will be of great use to Bittrex.<\/p>\n","protected":false},"author":3,"featured_media":17450,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74,9156],"tags":[4619,5218,5001],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/17447"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=17447"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/17447\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/17450"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=17447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=17447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=17447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}