8B4C52E6B5B4D7F05FF1A8F5D354BC87BB1CB6945CC7701A6DFC4382F87CDCBA ecb2cu US Treasury to Increase DeFi Regulation

US Treasury to Increase DeFi Regulation

The US Treasury conducted a risk assessment of DeFi, finding it lacking in AML/CFT compliance, and reported money laundering, scammers, and North Korean hackers benefiting from the sector. The Treasury response to Biden’s executive order suggests more regulation for DeFi, including compliance with the Bank Secrecy Act. (Read More)

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