Latest developments: The Alliance to End Human Trafficking is urging lawmakers to revisit Section 604 of the Clarity Act, arguing the provision could make it harder to hold some crypto platform developers accountable when their technology is used to facilitate human trafficking.
The debate: Rettig argued Section 604 reflects longstanding U.S. anti-money laundering policy rather than creating a new legal shield.
Reading between the lines: The disagreement centers on whether lawmakers should regulate based on current technology or potential future abuses.
What comes next: Both sides agreed stronger enforcement against human trafficking remains important, even as they disagreed on the bill's language.
US equities on crypto rails: access is easy, on-chain composability is the real test. Only Binance and Backpack deliver both - and only Binance at scale.
US equities on crypto rails: access is easy, on-chain composability is the real test. Only Binance and Backpack deliver both - and only Binance at scale.
US equities on crypto rails: access is easy, on-chain composability is the real test. Only Binance and Backpack deliver both - and only Binance at scale.
Source
This article is syndicated for educational reading. For the latest updates, visit the original publisher.
Read on coindesk.com
