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Can decentralized platforms be regulated?

It is frequently argued that decentralized platforms cannot be regulated because there is no individual or group that is wholly managing a platform and that can be held accountable for it. That might have been a valid argument in 2018, but today that won’t stand in any court.

What are FinCEN's guidelines on decentralized applications?

FinCEN has also provided some specific guidelines on decentralized applications (dapps). Its guidelines clearly state that if a dapp accepts and transmits value then it qualifies as a money transmitter and must be regulated accordingly.

Do decentralized networks matter?

Over the past few years, the main financial regulatory agencies have made multiple statements specifically relating to decentralized networks making it clear that it does not matter what technology or terminology is being used by a platform.

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