Cryptocurrencies
Ethereum Co-Founder’s Firm Starts Compliance Service for Tokens
- ConsenSys know-your-customer product will focus on DeFi
- Automated system will track 280,000 tokens issued on Ethereum
This article is for subscribers only.
ConsenSys Inc., which is seeking to transform itself into a full-service software provider for the Ethereum network, is releasing an automated service for catching crypto’s bad guys.
Headed by one of Ethereum’s co-founders, Joseph Lubin, the New York-based company is rolling out a product focused on the know-your-customer regulatory compliance requirements that have proved to be a headache for many cryptocurrency firms.