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Bitcoin.com 2024-01-31 08:00:27

Polygon Labs Execs Outline Regulatory Framework to Combat Illicit Activity in Defi

A paper prepared by two Polygon Labs executives and a former Financial Crimes Enforcement Network (FinCEN) director presents a framework to combat illicit activity in decentralized finance (defi) markets. The document proposes three different classes for defi platforms, including platforms controlled by centralized actors, genuine defi systems, and critical communication transmitters, describing the level of

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