{"id":380350,"date":"2021-12-13T12:00:00","date_gmt":"2021-12-13T09:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/robinhood-partners-with-chainalysis-ahead-of-crypto-wallet-launch\/"},"modified":"2021-12-13T12:00:00","modified_gmt":"2021-12-13T09:00:00","slug":"robinhood-partners-with-chainalysis-ahead-of-crypto-wallet-launch","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/robinhood-partners-with-chainalysis-ahead-of-crypto-wallet-launch\/","title":{"rendered":"# Robinhood partners with Chainalysis ahead of crypto wallet launch"},"content":{"rendered":"<p>&#8220;<strong># Robinhood partners with Chainalysis ahead of crypto wallet launch <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvZDlkYjdjMWMtYmIwNC00OTU0LTg1YWQtODc4YjE2YWQzOTcxLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Blockchain analytics firm Chainalysis will be partnering with Robinhood to provide data and tools for trading in advance of the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a> launching its crypto wallet.<\/p>\n<p>In a Monday announcement, Chainalysis said the integrated partnership with Robinhood Crypto will help the trading app meet compliance requirements ahead of the launch of its crypto wallet, expected to roll out for all users in early 2022. According to Robinhood, the platform will adopt Chainalysis&#8217; Know-Your-Transaction, the firm\u2019s monitoring compliance solution, in addition to Chainalysis Reactor, its investigations software. The trading app also said its teams would be using Chainalysis\u2019 certification programs to achieve compliance.<\/p>\n<p>\u201cChainalysis works closely with regulators and law enforcement to develop industry best practices and that approach is aligned with Robinhood\u2019s commitment to working with policymakers in a collaborative manner,\u201d said Robinhood Crypto\u2019s head of partnerships Ben Einstein.<\/p>\n<p>According to Robinhood, more than 1.6 million people are on the waitlist for a wallet which will support depositing and withdrawing Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE), and other tokens. The trading app has been testing its digital wallet feature since it was first announced in September.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">First alpha transfer  <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/WalletsAlpha?src=hash&amp;ref_src=twsrc%5Etfw\">#WalletsAlpha<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/nxOL23leGM\">https:\/\/t.co\/nxOL23leGM<\/a><\/p>\n<p>\u2014 VLAD (@vladtenev) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/vladtenev\/status\/1462910670161121287?ref_src=twsrc%5Etfw\">November 22, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nMany government agencies and companies in the private sector employ Chainalysis as a solution to track both legitimate and illicit crypto transactions. When the U.S. Department of the Treasury announced it would impose sanctions on the Czech Republic and Russia-based business Suex OTC, it cited an investigation from the analytics firm.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>BitMEX turns to Chainalysis to solve legal woes, or at least soften the CFTC&#8217;s blow<\/em><\/strong><\/p>\n<p>After going public on the Nasdaq in July, the share price of Robinhood (HOOD) has steadily declined from an all-time high of $70.39 on Aug. 4 to $21.83 at the time of publication, a drop of roughly 70%. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/robinhood-partners-with-chainalysis-ahead-of-crypto-wallet-launch\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Robinhood partners with Chainalysis ahead of crypto wallet launch &#8221; Blockchain analytics firm Chainalysis will be partnering with Robinhood to provide data and tools for trading in advance of the app launching its crypto wallet. In a Monday announcement, Chainalysis said the integrated partnership with Robinhood Crypto will help the trading app meet compliance&#8230;<\/p>\n","protected":false},"author":1,"featured_media":380351,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvZDlkYjdjMWMtYmIwNC00OTU0LTg1YWQtODc4YjE2YWQzOTcxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74863,80064,86706,74879,117],"class_list":["post-380350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrencies","tag-partnership","tag-robinhood","tag-wallet","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/380350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=380350"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/380350\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/380351"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=380350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=380350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=380350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}