New York regulator urges banks to harness blockchain analytics for crypto risks

New York’s top financial regulator advised banks to expand their use of blockchain analytics when handling virtual currency. The regulator noted in a Sept. 17 industry letter sent to state-chartere...

By · · 1 min read
New York regulator urges banks to harness blockchain analytics for crypto risks

Source: CryptoSlate

New York’s top financial regulator advised banks to expand their use of blockchain analytics when handling virtual currency. The regulator noted in a Sept. 17 industry letter sent to state-chartered banks and foreign branches operating in New York that the tools can help institutions better manage risks related to money laundering, sanctions violations, and other […]