New challenger: The appearance of a rival for Bitcoin has ruffled some feathers.
LONDON: A company that provides banks with anti-money-laundering controls has teamed up with a Bitcoin security firm to try to curb nefarious uses of the digital currency, such as drug trafficking and terrorism financing.
LexisNexis Risk Solutions said the new service it has created with London-based startup Elliptic would bring bank-grade AML controls to Bitcoin transactions, making the virtual currency more attractive to those who might want to use it for legitimate transactions
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