Robinhood Turns to Chainalysis for Data, Compliance Tools
Crypto tracing firm Chainalysis said it will provide data and compliance tools to Robinhood’s online crypto trading service, Robinhood Crypto.Robinhood (Nasdaq: HOOD) will use the software to meet compliance requirements and help keep accounts safe, Chainalysis said in a blog post Monday.Robinhood Crypto will use Chainalysis KYT to flag “risky
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