The U.S. Securities and Exchange Commission (SEC) has announced that it is looking for a data provider from "blockchain registries to monitor risks, improve legal compliance and define agency policies on digital assets.
According to the requirements presented, the data provider must have its nodes in blockchains of cryptocurrencies, rather than using third-party services, such as blockchain browsers.
Bitcoin and Ethereum support is a prerequisite. Support of Bitcoin Cash, Stellar, Zcash, EOS, NEO and XRP is also desirable. SEC requires a complete transaction history of each of the cryptocurrencies, starting with the genesis block, as well as data on all derivatives or tokens that are released on the blockchains mentioned above.
The minimum amount of information required is the ticker, addresses (receipts/sending), transaction hashes, transaction timestamps, transaction amounts, unspent account balances, fees paid, confirmations, block hashes and their numbers. In addition, the SEC wishes to obtain metadata and metrics for the blockchains mentioned, including hashing algorithms, computational power, mining complexity, database size, cryptocurrency emission volume, and, where possible, analysis tools.
A successful candidate is invited to conclude a contract for one year with the possibility of renewal.
In February, the SEC already published a similar proposal, with the help of which it tried to determine whether business representatives are able to meet the needs of the regulator in information related to the space of cryptocurrencies.
You received a 10.00% complementary upvote from @swiftcash 🤑
To stop similar upvotes from @swiftcash, reply
STOP.Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit