If we wish to prevent crypto assets from being used for ransomware, if we wish to prevent wash trades and other market manipulation, is there any alternative to having every crypto transaction ultimately associated with a traceable legal identity issued by a country with which we have extradition treaties?
Foster questions the necessity of traceable identities for crypto transactions to prevent misuse.
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If you made it anonymous, you would allow Members to sort of probe support for centrist legislation.
Do you remember with AIG, the real problem with AIG falling into bankruptcy is that it would immediately put a bazillion of the European banks into violation of their capital requirements, which was major contagion that----
I think we should consider adopting this in the coming session of Congress, at least on a temporary basis.
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