LocalBitcoins further tightens compliance via Elliptic's blockchain monitoring tools - The Block
Peer-to-peer (P2P) crypto exchange LocalBitcoins has further tightened its compliance by adopting Elliptic's blockchain monitoring solutions.
The Finland-based exchange now uses Elliptic's software to prevent the illicit use of its platform and comply with the EU's fifth anti-money laundering directive (AMLD5). LocalBitcoins is the "go-to" platform for receiving criminal funds, according to a recent analysis from CipherTrace
