The post FinCEN Cracks Down On DeFi appeared first on Coinpedia Fintech News
The US Financial Crimes Enforcement Network (FinCEN) is considering adopting stricter measures for decentralized finance (DeFi) to combat financial crimes. FinCEN’s evaluation of its anti-money laundering and counter-terrorism financing frameworks is a result of an executive order issued by US President Joe Biden on March 9, 2021, on ensuring the responsible development of digital assets. …
