Moody's and Elliptic Partner to Enhance Risk Screening Capabilities for Virtual Asset Service Providers
Moody's Financial Research has entered into a partnership with blockchain analytics specialist Elliptic, with the aim of strengthening its risk screening capabilities for virtual asset service providers (VASPs). The partnership will integrate on- and off-chain data, including digital asset transaction history, financial records and regulatory databases, to provide a more comprehensive risk assessment of VASPs. The parties plan to use this information to create an “integrated risk engine” to help traditional financial services more effectively address AML and compliance challenges, and Elliptic's Holistic technology will play a key role in the service, tracking the flow of criminal proceeds across the blockchain in an efficient and scalable manner.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%