Thu. Oct 29th, 2020

As part of its license application process from the local regulator, Malaysian crypto exchange Tokenize integrated an external market surveillance system.

Malaysian digital asset trading platform Tokenize Xchange announced that it will be deploying cryptocurrency market surveillance tools developed by the New York-based Solidus Labs. 

The firm says this will help the exchange achieve Wall Street-grade market surveillance standards.

The solutions provided by Solidus Labs will use machine learning to read thousands of factors including trading behaviors and market conditions to detect activities that must be reviewed. This will purportedly keep a check on illegal trading activities such as wash-trading, spoofing, pump-and-dump, etc.

Read Full Story at cointelegraph.com

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