Aims, tasks and assistance to the project ... ...
International petition Chronology of fighting the fraud of Binance

SEC Wants to Start Scrutinizing Binance Chain Transactions

The U.S. Securities and Exchange Commission (SEC) appears to be gearing up for a closer look at Binance coin (BNB) and other tokens on cryptocurrency exchange giant Binance’s eponymous blockchain.

 
Description

The U.S. Securities and Exchange Commission (SEC) intends to award a fixed-price contract on a single source basis to CipherTrace Inc., 68 Willow Road, Menlo Park, CA 94025-3653 for CipherTrace Inspector Licenses. The NAICS code is 511210. The Contracting Officer has determined that CipherTrace Inc., is the only source that can reasonably meet the SEC's requirement in accordance with FAR Part 13.106-1(b). CipherTrace products are the only known blockchain forensics and risk intelligence tool that can support the Binance coin (BNB) and all tokens on the Binance network. The period of performance for the contract is anticipated to be one year with four one year option periods and the total value of the contract shall be below the Simplified Acquisition Threshold. The SEC intends to award a contract to CipherTrace on or before July 31, 2020. This notice is not a competitive request for proposals. A competition solicitation will not be issued. 

However, the government will give consideration to interested parties that identify their interest and capability to respond to the requirement or submit proposals by the response date of the notice.


SEC disclosed in a Wednesday memo that it intends to award Menlo Park, Calif.-based CipherTrace a single-source contract on the grounds it's the only blockchain analysis firm capable of tracing Binance Chain transactions.

"CipherTrace products are the only known blockchain forensics and risk intelligence tool that can support BNB and all tokens on the Binance network," the securities watchdog said in the contract description. In November 2019, CipherTrace partnered with Binance to bring anti-money laundering tracing tools to Binance Chain, which hosts the exchange's nearly $3 billion market cap cryptocurrency BNB as well as 189 other tokens.

Company executives telegraphed in a press release that November the possibility of regulators one day putting eyes on Binance Chain. CipherTrace CEO Dave Jevans said regulators "demand better transparency," while Binance Chief Compliance Officer Samuel Lim said the partnership put Binance in line "with global regulatory standards."

CipherTrace, Binance and the SEC did not immediately respond to CoinDesk requests for comment.шаблоны для dle 11.2
31.07 13:27