Crypto intelligence firm Chainalysis and the data analytics company Integra FEC will each receive an upfront payment of $500,000 so they can begin developing their proposed tool. America’s taxman said it was seeking “innovative solutions” for tracing XMR, as well as off-chain transactions conducted using Layer 2 scaling networks.
The IRS is betting $1 million that blockchain intelligence firms can learn to trace Monero (Photo: Pixabay/Gerd Altman)