Bonanza Factory to supply K Bank with TranSight KYT solution for AML
- —TranSight scores wallet and transaction risk using VASP and criminal-address databases
- —K Bank will phase in on-chain monitoring and AML capabilities
- —Partnership expands from KRW on/off-ramps to on-chain compliance
Why it matters: Banks are building AML infrastructure ahead of expected stablecoin rules in South Korea.
Source: Bloomingbit