A leaked Senate bill would extend KYC to DeFi wallets, validators, and nodes, a move critics say could end US crypto liquidity.
A confidential draft bill circulating among Senate Democrats proposes sweeping new oversight of DeFi, extending Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) duties to DeFi interfaces, validators, and even node operators.
According to repo… [4445 chars]
Source: CryptoSlate | Published: 2025-10-10T11:21:54Z
Credit: CryptoSlate
