Tag: ShapeShift

While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws. A bi-partisan anti-money laundering (AML) bill that covers “decentralized entities” such as decentralized finance (DeFi) protocols and DAOs will soon be reintroduced to Congress, according to United States Senator Elizabeth Warren….

The popular cryptocurrency exchanger ShapeShift is moving to a decentralized mode of operation. From now on, it will be a DAO controlled by FOX token holders. Switzerland-based multinational company ShapeShift is preparing to close down as a registered legal entity. According to its founder Erik Voorhees, ShapeShift currently employs 65 people, but in a few…