CoinGape
CoinPedia
CoinDoo
The post New US Senate Bill Proposes Stringent Anti-money Laundering Rules for Defi Protocols appeared first on Coinpedia Fintech News
The US Senate is drafting the Crypto-Asset National Security Enhancement Act of 2023, requiring DeFi protocols to adopt bank-like regulations. The bill aims to curb cryptocurrency-related crimes and money laundering by imposing AML conditions on controlling entities of DeFi apps. These entities must gather and verify user information, establish anti-money laundering measures, report suspicious activity, and block sanctioned individuals. The Treasury Department’s authority would expand to oversee money laundering in unconventional financial domains, including cryptocurrency.
- Website
- Mobile app
- Telegram Channel
- Telegram Group
- YouTube
- Binance Referral Link
- Bitmex Referral Link
- (Recommended For Leverage) ByBit Referral Link
- Buy Ledger Nano at discounted price
- Buy Cool Wallets at discounted price
Don't forget to share your review/suggestions for the android app.
All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risks
