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US Treasury Weighs Digital ID Verification in DeFi Under GENIUS Act
by Ken Macon, Reclaim The Net: Coding KYC into smart contracts threatens to turn permissionless finance into a gated system. The US Treasury is exploring whether decentralized finance (DeFi) smart contracts should include embedded digital identity checks, a move that would fundamentally alter how anonymity and privacy function in blockchain-based ecosystems. This initiative stems from […]
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