According to this bill (ambcrypto.com/criminal-felony-statute-in-u-s-infrastructure-bill-could-freeze-healthy-crypto-behavior), businesses in crypto (nft or tokens) will have to get extremely sensitive information from their anonymous customers/users. If you made $10k USD+ > you have 15 days or fail jail time for not providing the Social security numbers of customers. It's impracticable and violates the very nature of DeFi. Coinbase's CEO immediately wrote a letter regarding this circus act of a bill.
Log in to join in Reading is open to everyone. Replying needs an account.
No comments yet