Fintech company Etrading Software has developed tags to identify Bitcoin, Ethereum and other crypto assets. The launch of the project is scheduled for September. Identifiers will help the authorities of different countries to control the digital currency market.

Digital token identifiers (DTIs) will be registered with the DTI Foundation, a non-profit unit of Etrading Software that provides market infrastructure.

Financial regulators and investors have been looking for a long time an opportunity to track processes in the fast-growing and unregulated cryptocurrency market, which reached a record capitalization of $2 trillion in 2021. Despite the large financial turnover, this sector is very unstable. Central banks warn investors that investing in cryptoassets carries a lot of risk.