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US Regulator Seeks Feedback on DeFi’s Impact on Financial Crime: Finance Redefined

The United States regulators want to take a closer look at money laundering and terror financing laws by the Financial Crimes Enforcement Network (FinCEN), as it asked banking sector players for feedback on DeFi’s crime risks.

Ethereum developers are targeting the last week of March for Ethereum’s Shanghai hard fork and some additional improvement upgrades by June of next year. Ankr protocol has deployed $15 million to buy back the bad debt resulting from its recent exploit and the resultant circulation of HAY (HAY).

(by Prashant Jha)

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