Chainlink Labs has submitted a response to the U.S. Treasury's call for innovative solutions to detect illegal activities involving digital assets, as part of the GENIUS Act implementation. The company outlined four key proposals: portable digital identities, distinguishing administrative control from customer relationships, rule-based on-chain compliance, and cryptographically secured reserve transparency. Chainlink Labs also expressed readiness to assist the Treasury with further information to aid in research and regulatory guidance.
Chainlink Labs Proposes Solutions to U.S. Treasury for Detecting Illegal Digital Asset Activities
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