U.S. SEC and blockchain security company CipherTrace cooperate to track Binance Chain transactions

The US SEC signed a one-year contract with the blockchain security company CipherTrace to detect on-chain transactions including BNB and Binance Chain. The US SEC stated in the memo, “CipherTrace’s products are known to meet SEC requirements and can trace BNB and the tokens on the Binance Chain. They will be used as a risk intelligence tool for evidence collection in the future.” Chain Wen previously reported that Binance last year Announced the cooperation with the blockchain security company CipherTrace, aiming to strengthen the company’s regulatory compliance by strengthening anti-money laundering (AML) measures.