April 14, 2020 Huobi Group launches new blockchain analytics tool.

Huobi Group is launching a suite of new blockchain analytics tools designed to identify illegal transactions conducted with cryptoassets. The service is named Star Atlas and will initially be used by the company to track activity on the Huobi exchange, with the view to freeze accounts that are subsequently deemed as high-risk. Huobi is said to be collaborating with regulators in several countries to ensure that Star Atlas is compliant with KYC and AML rules.