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Clarity Act gives law enforcement the tools it needs for decentralized finance
Last month, a major U.S.-based digital asset company’s compliance team discovered that more than $200 million in stablecoins were en route to North Korea. They had eight hours and the technical ability to freeze the transaction, yet reportedly did nothing. Why? Because America’s current laws left them exposed to company-killing levels of civil litigation if their judgement proved wrong. I have watched this scenario play out before. The industry wanted to help out. The will was there, but the legal cover was not. This is the reality facing industry and law enforcement today, and it is exactly what a decade of ... (full story)
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From tradersunion.com | 31 hr ago
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