{"id":29363,"date":"2020-09-29T15:12:52","date_gmt":"2020-09-29T12:12:52","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=29363"},"modified":"2025-08-27T16:31:19","modified_gmt":"2025-08-27T13:31:19","slug":"chainalysis-to-expand-its-presence-in-east-asia","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/chainalysis-to-expand-its-presence-in-east-asia\/","title":{"rendered":"Chainalysis to expand its presence in East Asia"},"content":{"rendered":"<p>The analytics firm Chainalysis announced the opening of two new offices in Tokyo and Singapore to expand its business in the Asia-Pacific region.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/KuCoin?src=hash&#038;ref_src=twsrc%5Etfw\">#KuCoin<\/a> hack is yet another ex that crypto exchanges, law enforcement &#038; financial institutions all over the world need investigations &#038; compliance tools. We\u2019re thrilled to announce new offices in <a href=\"https:\/\/twitter.com\/hashtag\/Singapore?src=hash&#038;ref_src=twsrc%5Etfw\">#Singapore<\/a> &#038; <a href=\"https:\/\/twitter.com\/hashtag\/Tokyo?src=hash&#038;ref_src=twsrc%5Etfw\">#Tokyo<\/a> to better service customers in <a href=\"https:\/\/twitter.com\/hashtag\/APAC?src=hash&#038;ref_src=twsrc%5Etfw\">#APAC<\/a>. <a href=\"https:\/\/t.co\/UJceZcHnR4\">https:\/\/t.co\/UJceZcHnR4<\/a><\/p>\n<p>\u2014 Chainalysis (@chainalysis) <a href=\"https:\/\/twitter.com\/chainalysis\/status\/1310592175546216448?ref_src=twsrc%5Etfw\">September 28, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The firm noted that, according to a recently published report, East Asia is the world&apos;s largest cryptocurrency market. In the period from June 2019 to July 2020, the region accounted for 31% of all cryptocurrency transactions.<\/p>\n<p>Chainalysis already works with more than 60 local clients from private and public sectors. Among them are the 100x Group, the BitMEX holding company, Crypto.com and Algorand.<\/p>\n<blockquote>\n<p>\u201cThe adoption of cryptocurrencies \u2014 in particular, stablecoins \u2014 is rapidly growing, and regulations are being introduced in the region. It\u2019s time for industry players and financial institutions to make decisions on regulatory compliance as regulators and law enforcement focus on this evolving class of assets,\u201d said Jason Bonds, Chainalysis\u2019 Chief Revenue Officer.<\/p>\n<\/blockquote>\n<p>In a tweet, the company noted that the recent hack of the KuCoin bitcoin exchange showed why trading platforms, law enforcement and financial institutions need tools for investigations and regulatory compliance.<\/p>\n<p>The analyst estimated KuCoin&apos;s damage at $280 million, not $150 million as the platform claimed.<\/p>\n<p>Subscribe to Forklog News on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"> Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The analytics firm Chainalysis announced the opening of two new offices in Tokyo and Singapore to expand its business in the Asia-Pacific region.<\/p>\n","protected":false},"author":1,"featured_media":29364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[274,135,946],"class_list":["post-29363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-chainalysis","tag-japan","tag-singapore"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=29363"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29363\/revisions"}],"predecessor-version":[{"id":29365,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29363\/revisions\/29365"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/29364"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=29363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=29363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=29363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}