DeFi Education Fund(@fund_defi):The claims made in this blog post are patently false. BPI claims that: “As drafted, the bill would exclude from AML/CFT obligations many DeFi actors who claim decentralization while still exercising meaningful control over, or deriving profits from, the protocol." Sec. 301 of the Senate CLARITY Act addresses exactly this point; it defines "non-decentralized finance trading protocols" and explicitly brings those actors who exercise control over a protocol into the BSA's regulatory perimeter. Anyone who actually read the bill could not make this critique in good faith.

2026.07.02 17:29

The claims made in this blog post are patently false. BPI claims that: “As drafted, the bill would exclude from AML/CFT obligations many DeFi actors who claim decentralization while still exercising meaningful control over, or deriving profits from, the protocol." Sec. 301 of the Senate CLARITY Act addresses exactly this point; it defines "non-decentralized finance trading protocols" and explicitly brings those actors who exercise control over a protocol into the BSA's regulatory perimeter. Anyone who actually read the bill could not make this critique in good faith.