2 DeFi reports, EU MiCA vote this week, podcasts on offshore crypto and liquid staking, Binance's books, bZx DAO lawsuit, Wahi insider trading settlement, US stablecoin bill
2 DeFi reports, EU MiCA vote this week, podcasts on offshore crypto and liquid staking, Binance's books, bZx DAO lawsuit, Wahi insider trading settlement, US stablecoin bill
cryptolaw.substack.com
Hello everyone, Two new DeFi reports came out last week: The US Treasury looked at DeFi and illicit activity in a 42-page report, identifying gaps for anti-money laundering (AML) rules. “DeFi service that functions as a financial institution as defined by the [Bank Secrecy Act], regardless of whether the service is centralized of decentralized, will be required to comply with BSA obligations, including AML/CFT obligations”. This suggests other DeFi services should be outside the BSA’s scope.
2 DeFi reports, EU MiCA vote this week, podcasts on offshore crypto and liquid staking, Binance's books, bZx DAO lawsuit, Wahi insider trading settlement, US stablecoin bill
2 DeFi reports, EU MiCA vote this week…
2 DeFi reports, EU MiCA vote this week, podcasts on offshore crypto and liquid staking, Binance's books, bZx DAO lawsuit, Wahi insider trading settlement, US stablecoin bill
Hello everyone, Two new DeFi reports came out last week: The US Treasury looked at DeFi and illicit activity in a 42-page report, identifying gaps for anti-money laundering (AML) rules. “DeFi service that functions as a financial institution as defined by the [Bank Secrecy Act], regardless of whether the service is centralized of decentralized, will be required to comply with BSA obligations, including AML/CFT obligations”. This suggests other DeFi services should be outside the BSA’s scope.