The Bank for International Settlements has developed a prototype Bitcoin monitoring system
The Bank for International Settlements (BIS) has revealed details of Project Atlas, which aims to give authorities a clearer understanding of how, when and where cryptocurrency is used. Development of Atlas began more than five years ago, amid a series of chaotic collapses in the crypto industry. According to the developers, they have created a prototype of the ultimate “proof of concept” platform, which collects data from both public “on-chain” cryptographic ledgers and from more…