OK Group to help China combat money laundering with blockchain

OK Group to help China combat money laundering with blockchain

OK Group will start working with Chinese authorities to combat money laundering using distributed ledger technology. OK Group, a blockchain technology firm formerly behind cryptocurrency exchange OKEx, will start working with Chinese authorities to combat money laundering using blockchain technology.The company’s settlement-focused subsidiary OKLink has reached a partnership with Nanjing Public Security Research Institute to collaborate on applying blockchain tech for Anti-Money Laundering purposes.The institute announced that the partnership will include in-depth cooperation with OKLink....


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