PayPal-backed compliance startup inks deal with institutional crypto exchange

[Tnoy30]

PayPal-backed TRM Labs will provide real-time transaction monitoring to bolster the digital asset exchange’s regulatory compliance.
Crypto exchanges are ratcheting up the pressure when it comes to illegal activity.

Digital asset exchange FalconX announced on Tuesday a partnership with Paypal-backed TRM Labs to bring real-time transaction monitoring to the platform. TRM’s transaction monitoring service will automatically analyze digital asset transactions to detect potential money laundering and other illegal activities on the FalconX exchange.
Read on: https://decrypt.co/33249/paypal-backed-trm-institutional-crypto-exchange-falconx