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Home»Fintech»EBA goes to tender for crypto and blockchain data management platform
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EBA goes to tender for crypto and blockchain data management platform

October 5, 2022No Comments1 Min Read
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EBA urges EU rules on crypto-assets
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The European Banking Authority has put out a name for tender for blockchain analytics providers and crypto-assets market information.

The EBA says it desires entry to real-time information on crypto-assets and crypto-assets markets by way of a subscription mannequin.

The authority has break up the tender into two heaps, one overlaying blockchain analytics and forensics information, valued at about EUR240,000, and the opposite crypto-assets market information, valued at round EUR120,000.

Explaining its reasoning, the EBA says the information will assist it to “correctly fulfil its mandates” to watch and assess developments in digital finance-related subjects, together with the publicity of the banking and funds sectors to crypto-assets.

The transfer may even assist foster shopper safety by “figuring out and addressing detriment shoppers might expertise”, and forestall using the monetary system for the needs of cash laundering and terrorist financing.

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See also  Emergence of global regulatory framework on Crypto: A long winter ahead
blockchain Crypto data EBA management platform tender
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