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Tether Enters Transaction Surveillance Partnership with Chainalysis as Regulatory Pressure Mounts

Tether, issuer of the largest stablecoin USDT, said Thursday it has teamed up with blockchain surveillance company Chainalysis to monitor transactions with its tokens on secondary markets.The surveillance system includes international sanctions compliance and illicit transfer detection that could be associated with activities like terrorist financing, and would help Tether identify crypto wallets that could "pose risks or may be associated with illicit and/or sanctioned addresses," according to ...

Read more at coindesk.com

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