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28 May 2020

Official: Binance Chain and BNB Will Be Traceable via CipherTrace

Official: Binance Chain and BNB Will Be Traceable via CipherTrace


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American blockchain security firm CipherTrace will provide Anti-Money Laundering (AML) controls for Binance Chain and its native asset Binance Coin (BNB).

Specifically, CipherTrace will be providing Binance Chain with institutional-grade AML controls to increase adoption of the Binance Chain blockchain.

Within the initiative, CipherTrace will enable global developers, investors and regulators to access the Binance Chain blockchain for discovering data such as high-risk addresses.

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