On January 24, 2019, at 10:47 AM, Binance issued the list of 15 restricted countries and six U.S. states (including New York) and announced on the official website.
Binance Tightening its Platforms’ Security
Recently, before this update, Binance has also revealed its official collaboration with the well-known crypto compliance and investigation software provider Chainalysis for tackling global compliance issues. Chainalysis purportedly would provide the tool to watch over the potential criminal or else any illicit activity on the platform.
Binance in the
process to upgrade its security also partnered with Medici Ventures portfolio
firm IdentityMind– a platform
facilitating in providing solutions for the prevention of Identity Fraud, KYC,
and AML related issues which is powered by Electronic DNA
Tags: Binance, KYC, AML, Fraud, IdentityMind, Chainalysis, Medici Ventures, Portfolio Firm, Crypto Global Compliance, Investigation, Cryptocurrency Exchange, U.S., Wallets, Funds