US SEC looks for data sources to better monitor blockchains

Summary:

  • Another day of lacklustre trading on the cryptocurrency market
  • US Securities and Exchange Commission looks for data sources to monitor blockchains
  • FuturoCoin becomes sponsor of F1 Red Bull Racing

Crypto bulls and bears have not enough power to provide any stronger moves in recent days. Moreover, Tuesday seems to be another faint day for the cryptocurrency market as most of major cryptocurrencies have not experienced any major price moves. According to CoinMarketCap, the capitalization of the cryptocurrency market stands a little below the $114 billion handle whereas Bitcoin accounts for roughly 53.4% of this value.

Bitcoin (BITCOIN on xStation5) has not seen any substantial change so far today, and it is moving a notch above yesterday’s price level at press time. Source: xStation5

US SEC seeks for data sources to monitor blockchains

The US Securities and Exchanges Commission (US SEC) published a solicitation notice on Thursday, January 31. The SEC writes in a document that it is seeking companies which could deliver some data for “the most widely used blockchains ledgers based on transaction volume”, as the SEC’s announcement reports. In a notice, the American financial regulator describes that it wants to gather such information to “monitor risk and improve compliance”. Moreover, the SEC requires that companies will explain also a method of extraction of such data. What’s interesting, the regulator wants to get also a possibility to obtain an attribution data (as the documents explains, it means “to whom a particular address belongs”).

Tuesday is another calm day for Ethereum (ETHEREUM on xStation5). The cryptocurrency has not experienced any major price changes in recent days. Source: xStation5

Futuro Coin becomes first sponsor of F1 team

FuturoCoin has started partnering with F1 Aston Martin Red Bull Racing becoming the first crypto sponsor of F1 team. The partnership between the two sides has been signed for two years. The sponsorship deal says that, among others, the FuturoCoin logo will be situated on cars and drivers’ clothing. FuturoCoin is a cryptocurrency founded by Roman Ziemian and Stephen Morgenstern in 2017.

Litecoin (LITECOIN on xStation5) has gained for a third day in a row thus far today. The cryptocurrency is trading a notch below the $0.34 handle at press time. Source: xStation5

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