Chainalysis Pronounces New Partnerships With Australian Cryptocurrency Companies CoinSpot & CoinJar to Enhance Compliance Requirements

Blockchain safety and analytics agency Chainalysis introduced on Monday it has fashioned partnerships with Australia-based funds supplier Meeting Funds and cryptocurrency exchanges CoinSpot and CoinJar to enhance compliance requirements.

Chainalysis reported that CoinSpot and CoinJar will use Chainalysis KYT (Know Your Transaction) and Chainalysis Reactor for transaction monitoring and enhanced due diligence.

“Meeting Funds will use Chainalysis Kryptos, the business’s reference listing for cryptocurrency companies and their on-chain exercise, to make extra knowledgeable choices in regards to the cryptocurrency companies they work with and monitor dangerous exercise.”

Talking in regards to the partnerships, Jason Bonds, Chief Income Officer, Chainalysis.

“At Chainalysis, we’re at all times striving towards bettering belief and compliance practices within the cryptocurrency market on a global-scale, and Australia is a key part to our mission.”

Based in 2014, Chainalysis claims it gives cryptocurrency investigation and compliance options to world legislation enforcement businesses, regulators, and companies as they work collectively to battle illicit cryptocurrency exercise.

“Chainalysis is the blockchain evaluation firm. We offer compliance and investigation software program to the world’s main banks, companies, and governments. Our consultants in monetary crime and blockchain evaluation empower clients to derive insights they will act on.”