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Chairman of the Securities and Exchange Commission (SEC) Gary Gensler, has said that the features of some decentralized finance (DeFi) projects could cause them to fall under the regulatory ambit of the SEC. Gensler Says DeFi not Completely Decentralized In an interview with the Wall Street Journal published on Wednesday (August 19,
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Due to their anonymity or pseudonymity, digital assets are perceived as entailing the risks of money laundering and financing terrorism. In October 2018, the Financial Action Task Force (FATF) adopted changes to its recommendations on financial activities involving digital assets, adding the definitions “virtual asset” (VA) and “virtual asset service
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