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Farcaster Co-Founder: Most Crypto Companies’ Prohibited Business/Customer Types Are Subject to Shadow Policies, Not Fiat Policies

Farcaster Co-Founder: Most Crypto Companies’ Prohibited Business/Customer Types Are Subject to Shadow Policies, Not Fiat Policies

CointimeCointime2024/12/01 05:22
By:Cointime

Dan Romero, co-founder of Farcaster, stated that the prohibited business/customer type lists of most fintech/cryptocurrency companies are determined by their upstream bank partners through their regulatory agencies. This is a shadow policy, not a statutory policy.

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