BNY Mellon partners with Chainalysis to track users’ crypto transactions -Breaking
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BNY Mellon, the Bank of New York (BNY), has announced that it will partner with Chainalysis for analysis and tracking of cryptocurrency products. BNY Mellon (NYSE:) is the world’s largest custodian bank, currently overseeing $46.7 trillion in assets.
ChainalysisBlockchain-data analytics platform, which offers services to financial institutions. This allows large companies to better manage legal risks associated with cryptocurrency. BNY will use Chainalysis software as part of this partnership to record, track and utilize data related to crypto assets.
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