The Breakdown cover image

The Debate Around SBF’s Regulatory Ideas

The Breakdown

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Using the Public Blockchain Ledger to Enforce Sanctions

Treasuries should make it clear in public which addresses stores the sanctions list and how to parse it. Central applications can query in real-time the list of sanctioned addresses to avoid transferring funds to or accepting funds from those addresses. There should be a way to cure your address if flagged funds are unilaterally sent to it. If you received funds from a sanctioned address, it might not have been your decision.

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