OFAC Makes Second Request for Chainalysis’s Blockchain Analytics Tools

[waybesuricata]

The United States Treasury Department’s Office of Foreign Assets Control (OFAC) has requested a subscription to use Chainalysis Inc’s analytics tools.

A public notice sent out yesterday announced OFAC’s desire to subscribe to Chainalysis’s Training and Support Packages for what they deem as “mission-critical research.” The financial intelligence agency is looking to fill its need for a “commercial online blockchain tracing web-based application.”

OFAC oversees the implementation of U.S. international sanctions and spearheads the government’s enforcement of them. The office works to root out money laundering offenders and terrorist entities operating within its jurisdiction.

Source and continuation of the article: https://beincrypto.com/ofac-makes-request-for-chainalysis-tools/