Mohammad
@makhavannik
Managing Director @NewtonFndn | Authorization layer for onchain finance.
Real world policy enforced on any smart contract.
Ex-lawyer @ Meta, Latham.
891 Following 717 Followers
Michael Mosier (@m_mosier_) was acting director of FinCEN
his paper with @RebeccaRettig1 and @malekanoms argues banks can use permissionless chains under the BSA and sanctions law as written
their case is that a validator is infrastructure, like the internet banks already use without KYCing a router. the obligations sit where the bank has a counterparty, at the transaction
that’s where @NewtonFndn enforces policy. the sanctions and eligibility checks run before settlement, and each leaves a proof an examiner can verify without seeing customer data
treasury’s march report to congress already describes pre-transaction risk assessment via API (p. 27)
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