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Chainalysis: “1% of blockchain transactions are linked to illegal activities”
Chainalysis: “1% of blockchain transactions are linked to illegal activities”
Interview

Chainalysis: “1% of blockchain transactions are linked to illegal activities”

By Amelia Tomasicchio - 17 May 2020

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The Cryptonomist interviewed Philip Gradwell, Chief Economist at Chainalysis, an analysis company that examines blockchain data in an attempt to understand how transactions are used and assist in compliance and law enforcement against illegal activities.

It was a video interview, so it can be watched below.

Some of the questions we asked Philip include the evolution of privacy coins such as Monero; stablecoins and the regulations that the G20 might put in place in this regard; and the future of cryptocurrencies in 5 or 10 years from now, hence if and when cryptocurrencies will reach mass adoption in terms of either store of value or as a payment method in everyday life.

We also talked about the current situation with Chainalysis, namely the financial crisis and the Coronavirus. 

Recently, the company had made headlines for its close partnership with the Bitfinex exchange, but also for an analysis conducted on the bitcoin price collapse in March during the so-called “crypto crash”.

Here is the video interview on The Cryptonomist’s YouTube channel:

Amelia Tomasicchio
Amelia Tomasicchio

As expert in digital marketing, Amelia began working in the fintech sector in 2014 after writing her thesis on Bitcoin technology. Previously author for Cointelegraph and CMO at Eido. She is now the co-founder and editor-in-chief of The Cryptonomist.

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