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DeFi platforms can comply with regulations without compromising privacy — Web3 exec

Cointelegraph spoke to Alastair Johnson about regulatory challenges facing the DeFi industry. Johnson is the CEO of an identity “super-wallet” called Nuggets that seeks to deliver verified self-sovereign decentralized identities to users. He said that one of the main regulatory challenges is DeFi platform anonymity, which makes it difficult to comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.

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Source: Cryptocurrency - investing.com

Breaking: SEC sues Do Kwon and Terraform Labs for fraud

With Japan’s new central bank boss, Kishida bids farewell to Abenomics