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BPIUrgesFinCENExpandStablecoinIDRulesToSecondaryMarkets
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#BPIUrgesFinCENExpandStablecoinIDRulesToSecondaryMarkets 💸
Wait, what?! Now big banks want FinCEN to force KYC on secondary markets? Does that mean our self-custody wallets, DEXs, and OTC trades are next in line for a paperwork party? 😱
They say it’s to stop illicit tech, but we all know they just want to track every single stablecoin moving around. What should a retail trader do? Stay calm, keep swapping, and remember that decentralized tech always finds a way. Don't panic-sell your bags just because the banks are sweating! 🛡️
⚠️ NFA (Not Financial Advice).
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#Stablecoins #FinCEN #defi #VINHTOCDO
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