Cryptocurrency exchange Binance has partnered with blockchain analytics startup Elliptic to more thoroughly comply with regulations, according to crypto media CoinDesk. According to the media, software developed by Elliptic is known to help identify transactions related to illicit activities such as money laundering and terrorist financing. Previously, Binance had also strengthened its compliance in areas such as KYC/AML by partnering with CipherTrace, IdentityMind, Refinitiv, and the Blockchain Transparency Institute.
