Coinbase Pushes Treasury for AI and Blockchain Reforms in Crypto Compliance

TLDR: Coinbase wants Treasury to create safe-harbors for AI in AML to reduce false positives and speed crypto compliance. APIs must have clear regulatory guidance to integrate blockchain analytics and real-time transaction monitoring. Decentralized IDs and zero-knowledge proofs could modernize BSA customer identification standards. Blockchain analytics clustering and KYT screening could replace traditional monitoring for [...]

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