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via Decrypt · By Decrypt Editorial

Paradigm, Hyperliquid Policy Center Push Back on GENIUS Act Stablecoin AML Rule

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Decrypt Editorial
(02:33 PM UTC)
1 min read
SC
Updated bySarah Chen
964 views
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In brief

  • Paradigm and the Hyperliquid Policy Center challenged proposed AML and sanctions rules for stablecoin issuers.
  • The groups warned that treating secondary market activity like issuer activity could push regulated stablecoins away from DeFi.
  • Broad rules could create confusion for issuers and infrastructure providers, industry observers told Decrypt.

Crypto investment firm Paradigm and the…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Decrypt Editorial · Decrypt

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