#110: Onchain Analytics for Compliance with Provenance

Onchain analytics splits into two buckets: Research & Reporting (Dune dashboards, DeFi volume, DAO treasuries) and Risk & Compliance, which layers on attribution (naming wallet clusters) and risk scoring (sanctions, AML exposure) using tools like Chainalysis, TRM Labs, and Elliptic.This episode focuses on the Risk & Compliance side with Leopoldt Jansen Van Vuuren, Head of Onchain Analytics at Provenance, a compliance firm serving 400+ clients across 18 jurisdictions in VASPs, crypto funds, tokenised offerings, and DAOs.✅ OUR RESOURCES🌐 Join a global community of web3 accounting & finance professionals - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.onchainfinanceinstitute.com/courses⁠⁠⁠🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting - ⁠⁠⁠https://www.onchainfinanceinstitute.com/free-class⁠⁠⁠🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto - ⁠⁠⁠https://www.onchainfinanceinstitute.com/crypto-accounting-academy⁠⁠⁠💎 Join the next cohort of the Crypto Treasury Management Academy and learn how to optimize, allocate and protect your organization's treasury - ⁠⁠⁠https://www.onchainfinanceinstitute.com/crypto-treasury-management-academy⁠⁠⁠✅ EPISODE SPONSORS💰Request Finance - Simplify crypto AR, AP & accounting & get 2 months for free - ⁠⁠https://www.request.finance/partners/theaccountantquits ⁠⁠💰 The full-stack OS for Web3 businesses using Kryptos and 10% off (Code OCF10) - ⁠⁠⁠⁠⁠⁠https://kryptos.io/?via=ocf-institute⁠⁠⁠✊ Follow The Accountant Quits on Socials👉 LinkedIN: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/school/ocf-institute⁠⁠⁠⁠👉 Twitter(X): ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://x.com/ocfinstitute⁠👉 YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 🎙️ Follow Episode Guest Leopoldt Jansen Van Vuuren: https://www.linkedin.com/in/leopoldt-jansen-van-vuuren-acams-1498b6143/ 🎧 WebsiteFor show notes and past guests, please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/podcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Topics covered:(0:00) Coming Up(3:13) Leopoldt’s background(5:58) Attribution v/s risk scoring(11:16) Tooling like Chainalysis, TRM Labs, Elliptic(17:25) Chokepoints for bad actors (20:27) Using mixing protocols like Tornado Cash(22:12) Get 10% off with Kryptos subledger(23:37) Choosing between compliance tools(28:03) Other tools like anchain, Cyvers, Hoptrail(29:14) Provenance Services(36:55)  Fractional Compliance Officer model(41:04) Get 2 months for free with Request Finance(42:44) Accountability using outsourced model(46:03) Regulatory update with FATF, Travel Rule, CARF(49:55) Recurring compliance challenges(51:53) Comfort letter for fund administrators(53:57) Verifying wallet ownership(56:56) New investor subscription process for funds(58:01) Tokenized funds regulatory update for Cayman Islands(01:01:14) Using AI for onchain analytics(01:04:44) Closing thoughts(01:05:54) Favourite quote(01:07:11) Reach out to Leopoldt