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Kbank has adopted a solution that analyzes on-chain fund flows in line with discussions on establishing a legal framework for digital assets such as stablecoins, Etoday reported.
Kbank said on Oct. 21 it introduced “Transight,” a transaction analysis solution from blockchain compliance firm Bonanza Factory. The move is aimed at building a system to monitor money laundering risks in on-chain transactions, in addition to managing won deposits and withdrawals at virtual asset exchanges.