A week after Litecoin activated the long-anticipated MimbleWimble Extension Blocks (MWEB) upgrade, blockchain analytics firm, Elliptic announced adding support for the privacy feature of the cryptocurrency.
Elliptic-Litecoin MWEB
As per the official announcement, the move will allow regulated businesses to continue to support Litecoin transactions while remaining compliant with anti-money laundering (AML) regulations and sanctions. Elliptic said that its solutions will enable merchants to identify whether a Litecoin transaction or wallet includes funds that have leveraged MWEB. This information can be used by compliance professionals to analyze risk and perform further due diligence.
Elliptic is involved with businesses and government entities to assess blockchains for fraudulent activities. Tom Robinson, Chief Scientist and Co-Founder at Elliptic commented,
“By providing visibility of Mimblewimble activity, Elliptic’s transaction and wallet screening solutions provide businesses w
We współpracy z: https://cryptopotato.com/elliptic-announces-support-for-mimblewimble-on-litecoin/
