If the Wyden amendment is passed, does that provide enough clarity on the legal responsibilities of a dex to ultimately open new doors for their operating more freely in the US?
Or is that still a question of “what’s a security wrt crypto assets?”
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The reporting guidelines to the IRS are just part of the puzzle.
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if they made a law effectively stating, "crypto assets aren't securities" (they won't, but just hypothetically), is the door then wide open for dexes to operate with Wyden and Co. putting the KYC issue in the rear view?
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There are a *lot* of possible angels here -- see e.g. the CFTC's thoughts on some DEX products