Tether Stablecoin Taps Chainalysis for Anti-Money Laundering Compliance Tools – CoinDesk

Stablecoin issuer Tether is partnering with blockchain forensics firm Chainalysis to bolster its anti-money laundering tools. The companies announced Wednesday Tether would apply Chainalysis’ “Know Your Transaction” tool for token issuers, allowing the stablecoin firm to monitor activity and “quickly understand the risk profile of each token holder,” according to a press release. USDT, the […]

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Securitize Opens IRAs to Digital Securities Investors With Partnership – CoinDesk

Digital asset issuer Securitize has facilitated what it says is the first direct IRA investment in security token offerings (STOs). A customer of alternative investments gateway AltoIRA purchased an initial investment in security tokens representing CityBlock Capital’s $20 million venture fund, with tokens issued by Securitize. The arrangement is set to open new opportunities for […]

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Equilibrium’s Stablecoin Now Has $17.5M in Insurance That Pays Out Automatically – CoinDesk

Stablecoin issuer Equilibrium has self-funded a $17.5 million insurance policy for its EOSDT token. According to CEO Alex Melikhov, Equilibrium’s EOSDT is now backed by smart contracts that pay out consumers if the dollar-pegged token crashes through its collateralized floor. Much like how America’s FDIC insures consumers’ traditional bank deposits against a run, Melikhov says […]

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