The New York State Department of Financial Services (NYDFS) has issued new guidance requiring banks to integrate blockchain analytics into their compliance programs, marking its latest step in tightening oversight of digital assets. In a notice released on Wednesday, Superintendent Adrienne Harris directed all New York banking organizations, including branches of foreign banks, to adopt blockchain monitoring tools to address emerging risks tied to virtual currency activities. Banks Told to Screen Wallets ...

NY financial regulator urges banks to adopt blockchain analytics to combat illicit activity https://t.co/9570i3gKrn ...

Core Insights - BTCS Inc. has expanded its AI-powered blockchain analytics platform, ChainQ, by integrating complete historical Bitcoin blockchain data, enhancing its capabilities for data exploration and analysis [1][2][3] Group 1: Product Enhancements - The integration of Bitcoin's complete historical blockchain dataset allows users to analyze transactions, addresses, and patterns from the 2009 genesis block, providing a powerful tool for researchers, investors, and developers [2] - Significant performance upgrades have been implemented to accelerate data processing and query execution, enabling faster insights and deep blockchain research [3][7] - Key features of ChainQ include faster search speeds, optimized AI-driven indexing, scalability improvements, AI-driven search capabilities, enhanced performance, visualizations for data interpretation, and SQL query support for advanced analysis [7] Group 2: Company Overview - BTCS Inc. is focused on driving scalable revenue growth through its blockchain infrastructure operations, particularly in block building and validator node management [8] - The company operates a branded block-building operation, Builder+, which optimizes block construction for on-chain validation to maximize gas fee revenues [8] - BTCS is committed to innovation and adaptability, strategically positioning itself to expand its blockchain operations beyond Ethereum as the ecosystem evolves [8]