Have You READ THIS?! FATF’s CRAZY Crypto Plans!! (Ep 279)
Coin Bureau
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The Fat F Scrypto Recommendations Are Not Legislative
The fat f recommends creating a public registry of information about vosps that can be accessed by any one. This centralization of sensitive information is probably the most problematic part of the fat f scrypto recommendations. Centralization also allows for some degree of security, because the person or company behind the crypto project can intervene when something goes wrong. But this puts these projects in the same bucket as financial institutions in the eyes of domestic financial regulators and international financial organizations like the fat f.
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