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Nalezeno "know your transaction": 4

Dapper Labs Partners With Chainalysis to Curb NFT-Based Money Laundering


Dapper Labs, one of the most successful companies in the NFT space, has partnered with Chainalysis, a blockchain intelligence company, to increase its compliance profile in the NFT business. The company will use Chainalysis insights to have a better understanding of each one of the transactions...

Currency.com Accused of Exploiting KYC to Withhold Customer Funds


Know Your Customer (KYC) and Know Your Transaction (KYT) are ostensibly deployed by exchanges to combat money laundering. In practice, these provisions are used as an excuse to surveil, cajole, and threaten customers, who risk losing funds if they are unable to meet the impossibly high burden...

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