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KPMG Canada collaborates with Chainalysis to combat crypto frauds and exploits

KPMG Canada partners with blockchain analytics firm Chainalysis to enhance fraud detection and risk management in the rapidly evolving digital assets sector. KPMG Canada has teamed up with blockchain analytics firm Chainalysis to combat the escalating threat of fraud and criminal activities associated with crypto currencies. We’re teaming up with @KPMG_Canada to provide organizations with a more comprehensive approach to mitigating fraud risks in crypto transactions. Read more:https://t.co/c9Odtt0cXl — Chainalysis (@chainalysis) November 22, 2023 The partnership is poised to enhance KPMG’s service offerings in blockchain monitoring, governance and risk management, directly targeting the need for stricter compliance with evolving crypto regulations and anti-money laundering initiatives. Kunal Bhasin, a partner at KPMG Canada, highlights this alliance as a bolster to their forensic investigation capabilities in the realm of crypto assets and blockchain technology. ...

Chainalysis: Central, Southern Asia and Oceania dominate crypto adoption

Central & Southern Asia and Oceania (CSAO) lead the crypto adopt ion index, contributing six countries on the top ten list of Chainalysis’ latest index. Chainalysis has shared its recent report with crypto .news. As in previous cases, the paper evaluates the crypto adopt ion rate globally across all continents over the past year, coming up with a ranking system for the top countries in terms of crypto adopt ion index. CSAO commanded 19.3% of the global cryptocurrency value received between July 2022 and June 2023. The region witnessed a predominance of large institutional transactions — over $10 million — for crypto transfers. Small and large retail transactions contributed very little. Per the report, the evaluation considers important parameters, including rankings for centralized service value received, retail centralized service value received, P2P exchange volume, DeFi value received, and retail DeFi value received. You might also like: Former PayPal presid...