【Opinion: The U.S. Treasury Department Explores Incorporating Identity Checks into Smart Contracts, Which May Undermine the Core of DeFi】According to Golden Finance, the U.S. Treasury Department is exploring whether identity checks should be directly included in decentralized finance (DeFi) smart contracts. Critics warn that this move could rewrite the fundamental basis of permissionless finance. Mamadou Kwidjim Toure, CEO of Ubuntu Tribe, stated that this initiative seems like 'installing cameras in every living room,' and could ultimately undermine the core of DeFi by transforming a neutral, permissionless infrastructure into one that requires government-approved identity credentials to access. However, supporters argue that establishing Know Your Customer (KYC) and Anti-Money Laundering (AML) checks within blockchain infrastructure can simplify compliance and keep criminals at bay.