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Empire Cross-Post: DC Crypto Week Takeaways With Rebecca Rettig & Alexander Grieve

Bell Curve

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Understanding the Impact of the Clarity Act on Financial Intermediaries

This chapter explores the Clarity Act's impact on intermediaries in the financial sector, especially how it brings traditional banking regulations to cryptocurrency exchanges. It addresses the complexities of enforcing KYC and AML norms in the decentralized finance landscape, pointing out the challenges faced by both centralized and decentralized actors.

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