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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
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…
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