Talsys plans to launch a transaction monitoring service on the Ethereum chain to help the Defi project analyze token transactions

According to Rhythmic BlockBeats, Consent is publishing a compliance service to help platforms and the DeFi project analyze the trading activity of tokens issued on Ethereum.

Encrypted trading is subject to various forms of "know your Customer" rules designed to deter money laundering and other illegal transactions. To meet those demands, many rely on outside analytics companies like Chainalysis, Elliptic and CipherTrace to identify users and tokens with potential links to crime.According to Bloomberg, The new service will focus on DeFi and will be able to track more than 280,000 tokens traded across Ethereum's network.

The original address: https://www.theblockcrypto.com/linked/67670/

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