Express

Binance CEO Welcomes Partnership Between SEC And Blockchain Analytics Firm Looking Into Binance Chain

Emily Mason

Summary: The Securities and Exchange Commission (SEC) is planning to monitor transactions on Binance through a partnership with blockchain analytics firm CipherTrace, according to a recent posting. The proposed contract between the SEC and CipherTrace would last one year with the option to renew. CEO of Binance Changpeng Zhao responded to the news in a tweet ...

The Securities and Exchange Commission (SEC) is planning to monitor transactions on Binance through a partnership with blockchain analytics firm CipherTrace, according to a recent posting.

The proposed contract between the SEC and CipherTrace would last one year with the option to renew. CEO of Binance Changpeng Zhao responded to the news in a tweet on Thursday, July 30 assuring Binance users that blockchain analysis tools are common and that CipherTrace's work is an important step towards listing BEP2 tokens on fiat exchanges.

By Emily Mason

Last Update:

Tags: ,,
Link: Binance CEO Welcomes Partnership Between SEC And Blockchain Analytics Firm Looking Into Binance Chain   [Copy]
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 11 days ago
  • You need to login to comment.