KPMG Canada partners with blockchain data analytics firm to combat cryptocurrency fraud

The Canadian arm of consulting giant KPMG is partnering with blockchain analytics firm Chainaanalysis to help businesses combat the growing threat of fraud and criminal activity in the digital asset space. According to a statement on Wednesday, KPMG will work to provide its clients with advanced blockchain monitoring, support, governance and risk management through partnerships so that firms can comply with evolving cryptocurrency regulations and advance their anti-money laundering compliance plan. Kunal Bhasin, KPMG Canada partner and co-head of crypto assets and blockchain, said: “This collaboration will help further consolidate KPMG’s expertise in forensic investigations, crypto assets and blockchain technology.” (Coindesk)