Chainalysis Announces Free API Tools to Comply with Sanctions
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Chainalysis is launching two new services that are expected to help blockchain developers to comply with sanction policies. According to a blog announcement, the New York-based firm is planning to launch a special API this April that will check if an address of interest is on the sanctions list or not.

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Chainalysis also plans to open access to on-chain oracle developed for smart contacts that will also check if an address is on a sanctions list. The latest solution is available on several networks, including Ethereum, Avalanche and BNB Chain (former Binance Smart Chain).

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Chainalysis says the solutions will provide any cryptocurrency business, protocol, or organization a simple way to "quickly check if an address is on a sanctions list before allowing it to connect with their service."

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