SEC to monitor decentralized finance transactions, after contracting with cybersecurity firm AnChain.AI. Legal experts say this and other recent moves preview increased regulation of the decentralized finance space. The contract will help the SEC identify suspicious addresses and transactions, as the commission assesses the DeFi space and considers regulatory actions involving cybersecurity, data privacy, risk management and other investor protections. Some experts say the latest activity reflects a desire within the SEC to rein in digital assets. Cybersecurity risks remain at the core of DeFi, an umbrella term for a variety of financial applications in cryptocurrency or blockchain.”]
Source: https://www.govinfosecurity.com/sec-to-monitor-illicit-activity-on-defi-platforms-a-17410