{"id":48438,"date":"2021-08-27T17:41:12","date_gmt":"2021-08-27T14:41:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=48438"},"modified":"2025-09-02T02:12:10","modified_gmt":"2025-09-01T23:12:10","slug":"sec-to-track-defi-transactions","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/sec-to-track-defi-transactions\/","title":{"rendered":"SEC to Track DeFi Transactions"},"content":{"rendered":"<p>The U.S. Securities and Exchange Commission (SEC) has signed a deal with analytics firm AnChain.AI to monitor and regulate the decentralised finance (DeFi) sector, according to <a href=\"https:\/\/www.forbes.com\/sites\/stevenehrlich\/2021\/08\/27\/sec-signs-deal-to-investigate-defi-transactions\/?sh=299d9522787c\">Forbes<\/a>.<\/p>\n<p>The initial contract value is $125,000, with five separate annual options at $125,000 each, for a total of $625,000.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe SEC is very interested in understanding what is happening in the world of smart-contract-based digital assets. Therefore we are providing them with technologies to analyse and track smart contracts,\u201d explained AnChain.AI co-founder and CEO Victor Fang.<\/p>\n<\/blockquote>\n<p>The AI and machine-learning startup specialises in tracking illicit transactions on cryptocurrency exchanges, in DeFi protocols and traditional financial institutions.<\/p>\n<p>The combined market capitalisation of DeFi project tokens exceeds $122 billion (<a href=\"https:\/\/www.coingecko.com\/en\/defi\">CoinGecko<\/a>), and daily trading volume on the largest decentralised exchange, Uniswap, reaches $1.8 billion. In many trades the coins involved may be securities, and the trading platforms themselves are becoming increasingly sophisticated, Fang noted.<\/p>\n<p>In fact, Uniswap is a \u201cmix of 30,000 individual smart contracts that actually execute token swaps,\u201d he stressed.<\/p>\n<p>In early August, SEC Chair Gary Gensler warned of <a href=\"https:\/\/u1f987.com\/en\/news\/gensler-warns-of-tighter-regulation-for-defi-and-stablecoins\">the tightening of DeFi regulation<\/a>. Later he stressed that the decentralised nature <a href=\"https:\/\/u1f987.com\/en\/news\/gensler-defi-decentralisation-does-not-immunise-against-sec-oversight\">of the projects does not immunise them<\/a> from the agency&#8217;s oversight. <\/p>\n<p>Earlier, SEC Commissioner Hester Peirce argued that only full decentralisation from launch is the only hope for DeFi projects <a href=\"https:\/\/u1f987.com\/en\/news\/hester-peirce-defi-projects-need-real-decentralization\">to avoid regulation<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US Securities and Exchange Commission (SEC) has signed a deal with analytics firm AnChain.AI to monitor and regulate the decentralised finance (DeFi) sector, according to Forbes.<\/p>\n","protected":false},"author":1,"featured_media":48439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1093,36,128],"class_list":["post-48438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-regulation","tag-sec"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=48438"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48438\/revisions"}],"predecessor-version":[{"id":48440,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48438\/revisions\/48440"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/48439"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=48438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=48438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=48438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}