Circle has launched Compliance Engine, a tool that helps businesses meet regulatory requirements in the digital asset space. The tool offers functionalities such as real-time transaction screening and adherence to the Travel Rule. It allows companies to define risk levels, automate enforcement actions, and develop preventative blocklists tailored to their needs. Circle's Compliance Engine aims to simplify the process of meeting regulatory obligations, making it easier for businesses to engage with blockchain technologies. The company's commitment to regulatory compliance is exemplified by its compliance with the European Union's regulatory framework. The tool is seen as a way for Circle to strengthen its market position and set an example for other companies in the digital asset space. In contrast, Tether, a rival stablecoin issuer, has expressed reluctance to fully comply with regulations. Tether has emphasized the use of technology to empower individuals and communities and dismantle traditional systems.



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