Clarity Act gives law enforcement the tools it needs for decentralized finance
Last month, a major U.S.-based digital asset company's compliance team discovered that more than $200 million in stablecoins were en route to North Korea. They had eight hours and the technical ability to freeze the transaction, yet reportedly did nothing.
Reported by 1 outlet — The Hill. See all sources ↓
Last month, a major U.S.-based digital asset company's compliance team discovered that more than $200 million in stablecoins were en route to North Korea. They had eight hours and the technical ability to freeze the transaction, yet reportedly did nothing. Because America's current laws left them exposed to company-killing levels of civil litigation if...
Read the full report at The Hill ↗
Why it matters
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- What's the story?
- Last month, a major U.S.-based digital asset company's compliance team discovered that more than $200 million in stablecoins were en route to North Korea. They had eight hours and the technical ability to freeze the transaction, yet reportedly did nothing.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 4m ago.
How outlets are framing the same story
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Clarity Act gives law enforcement the tools it needs for decentralized finance
Sources1TypeCoverageThe Hill