Crypto Investor Paradigm Argues Infrastructure Providers Should Not Be Subject to US Treasury Sanctions

Date:

Paradigm acknowledged that sanctions can be an important tool to preserve national security, but said it believes base layer participants merely record and order data (which may include sanctioned addresses), but do not actively control sanctioned assets. Paradigm further suggested that stringent regulation would eventually push blockchain innovation offshore, making it more difficult to track crypto transactions for legitimate national security purposes.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Sam Bankman-Fried Seeks Right to Transfer FTX's Crypto

Lawyers for the bankrupt crypto exchange's founder said...

Stablecoin Economy Sheds Another $3 Billion in 44 Days – Altcoins Bitcoin News

The stablecoin economy continues to deplete as more...

Thailand’s Biggest Food Exporter Uses Tech To Monitor Goods

Charoen Pokphand Foods Public Company (CP Foods) of...