Building /bright-moments - minting onchain art IRL | /purple #15 | FID 129 #magikarp

F.I. are mandated to do OFAC checks, ensuring txns are not approved to designated SDNs.

Technically, nothin changes if NOT using regulated/cen FI (incld Coinbase). 

Regulation wise, any address that interacts with said SDNs may be subject to the wrath of US govn't.

a writer by passion, a developer by curiosity, a product guy by necessity  - lesgreys.com, /grey

nothing changes if not using ceFi, but without privacy tools like mixers it feels extremely difficult to use crypto without ceFi.

Only way seems to be get paid in crypto and never move a single dollar to a bank, which feels like a tiny minority. But I could be underestimating

I like baking /goodbread and building apps on web3 protocols. DevRel @ ENS Labs. gregskril.com

I don’t think anybody really knows what comes next tbh…

One thing that comes to mind is that USDC has a blacklist, so if the US gov tells Circle to freeze all USDC in wallets that interacted with TC they could. No idea if it will escalate to this, but it is technically possible

I've used TC many times.. Am I in trouble?