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The SEC Uses AnChain.AI Technology To Monitor And Regulate The DeFi Space

Mary Liu

Summary: Forbes reported on Friday that the US Securities and Exchange Commission (SEC) has signed a $125,000 agreement with blockchain analysis company AnChain.AI to monitor and regulate the decentralized finance (DeFi) industry.  An AnChain.AI spokesperson confirmed the agreement, saying that it can choose to sign up to five separate 1-year contracts with the SEC, each with ...

Forbes reported on Friday that the US Securities and Exchange Commission (SEC) has signed a $125,000 agreement with blockchain analysis company AnChain.AI to monitor and regulate the decentralized finance (DeFi) industry. 

An AnChain.AI spokesperson confirmed the agreement, saying that it can choose to sign up to five separate 1-year contracts with the SEC, each with a contract of $125,000 US dollars, for a total of $625,000. 

Headquartered in California, USA, AnChain.AI provides blockchain analysis and tracks crypto transactions on public and private chains. The company has developed solutions that identify suspicious addresses and transactions to prevent hacking events before they occur.

By Mary Liu

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