2min chapter

Blockchain Insider Podcast by 11:FS cover image

177. Insights: What does AML and regulation look like in web3?

Blockchain Insider Podcast by 11:FS

CHAPTER

Is OVAC Sanctioning AML?

The first case of sanctioning an actual protocol that my understanding is before it was sanctions would happen for an individual or an entity. But here you have software that is running autonomously. There isn't really an entity behind it, but anyone who touches that software is subject to any number of penalties from a sanctions perspective. So where is the end point here and what should OVAC's role be within the AML space? And where does it stop? I think this is a really interesting conversation.

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