A Soft DeFi Ban in the USA?
The Breakdown
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The Dangers of NDAA Amendments for Crypto
Senators Kirsten Gillibrand and Cynthia Lummis introduced an amendment to the must-pass National Defense Authorization Act that would introduce sweeping new anti-money laundering requirements for the crypto industry. The bill is so broad that it could classify creators and developers as financial institutions, the same as banks. Experts including fight have spoken up about the danger of this bill.
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