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SEC Wants to Start Scrutinizing Binance Chain Transactions

SEC Wants to Start Scrutinizing Binance Chain Transactions – CoinDesk

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. 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.