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Les Greys
@les
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.
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Les Greys
@les
In relation to wallets that have interacted or currently hold the assets will likely go through a funneling process of KYC and EDD (enhanced due diligence) to ensure the funds are not associated with money laundering activities. "Amnesty/transition period" based on FI exp.
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