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NYDFS wants crypto-curious banks to use blockchain analytics tools
Yahoo Finance· 2025-09-18 10:54
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Dive Brief: The New York Department of Financial Services put forth guidance Wednesday that directs banks to use blockchain analytics tools if they’re considering or already conducting cryptocurrency-related transactions, to fend off money laundering and sanctions activity.  NYDFS suggested banks consider employing blockchain analytics tools when evaluating risk e ...