The US SEC aka Securities and Exchange Commission is now seeking the companies’ readily available blockchain data. This lets the SEC work on deriving their insights from the accessible and available information. Some of the data involves attribution data which let the SEC know the owner of that particular address and the holder of the belongings.
Back at the closure of January, the document reveals that SEC has issued the sources-sought notice. Moreover, this notice clearly mentions that they are looking out for the firms offering the specific blockchain data. This helps to back and support their efforts in tracking the risk and enhance compliance regarding digital assets. Also, the report reads:
The SEC is seeking information for potential sources to support the goal of acquiring data for the most widely used blockchain ledgers. This includes the universe of available information and transaction details.
They are making an attempt to prepare the cryptocurrency market more…