The U.S. Department of the Treasury is considering the possibility of integrating identity verification directly into decentralized finance (DeFi) smart contracts. This initiative could fundamentally change the foundations of unrestricted financing. Last week, the agency opened consultations under the Guidance and Creation of National Innovations for U.S. Stablecoins Act (GENIUS Act), signed in July. The law requires the department to assess new compliance tools to combat illegal financial transactions in cryptocurrency markets.$SOL .$BNB .$XRP .#FamilyOfficeCrypto .#ETHBreaksATH .#BNBATH900 .#HEMIBinanceTGE
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