1) Perfect summary of sanctions and crypto:
“Although we have not seen widespread evasion of our sanctions using methods such as cryptocurrency, prompt reporting of suspicious activity contributes to our national security and our efforts to support Ukraine and its people”
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2) from Acting Director of FinCEN Him Das in a statement.
more info: ftxpolicy.com/sanctions-comp
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As you said earlier.. Keep building. Engaging with regulators is a massive effort but needs to be done. Eventually the AML/KYC / traceability strengths of the blockchain based asset will be too obvious for the old world to ignore. #KeepPushing
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