The New York Department of Financial Services (NYDFS) has published guidance on virtual currency entities that are establishing the use of blockchain analytics tools. In the guidance the NYDFS outlines expectations for New York State-regulated virtual currency companies for establishing control measures such as augmenting due diligence controls as well as transaction monitoring and sanction screening of on-chain activity.

https://www.dfs.ny.gov/industry_guidance/industry_letters/il20220428_guidance_use_blockchain_analytics

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