Free sanctions screening tools launched for crypto industry

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Chainalysis has launched two screening tools that can ID any crypto wallet associated with a country under sanctions

to identify any crypto wallet associated with a country that is being sanctioned.

In this case, all wallets included on sanctions lists provided by the US, EU and the UN will be automatically available to anyone running the oracle. “In anticipation of ongoing sanctions, we’ve prioritized the development of these tools so that all cryptocurrency market participants have what they need to harness this transparency and conduct basic sanctions screening at no cost to them.”

 

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