[Crypto Market Watch】
#KYC 🛂#FTX triple effect continues.
The stringent crypto will become the latest regulatory trend in the U.S. U.S. Senators Elizabeth Warren (D-Mass.) and Roger Marshall (R-Kan.) are introducing a bill to crack down on money laundering and financing of terrorists and rogue nations via #cryptocurrency. 👉If it becomes law, the Digital Asset Anti-Money Laundering Act (DAALA) will bring know-your-customer (KYC) rules to crypto participants such as #wallet providers and #miners.
In past Oct, the EU passed a comprehensive crypto act, #MiCA, and included some specific requirements on KYC , stable coin reserve audit, etc.
With the military grade security, advanced blockchain design, KYC process,#HCN and #HDO are born with tremendous growth opportunity.
