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177. Insights: What does AML and regulation look like in web3?
Blockchain Insider Podcast by 11:FS
Cryptocurrency
The entire anti money laundering sort of system globally has always relied on sort of these siloed intermediaries, right? Banks essentially. And what those banks do is that they provide suspicious activity reports or other types of reporting to their regulator directly. But crypto really turns that all on its head, right? Because the nature of blockchains, those qualities, transparent, permanent, traceable really allow regulators now full visibility on their entire regulated ecosystem.
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