The view of Ethereum's stepped-up compliance from Wall Street and Washington is quite different from that of the crypto purists. For big financial institutions eager to avoid the ire of D.C. regulators, network-level sanctions compliance could make Ethereum more attractive, said Yaya Fanusie, a fellow at the Center for New American Security, a think tank, who focuses on the national security implications of digital assets.
“While the die-hard crypto enthusiasts are focused on blockchain as censorship resistance,” Fanusie said, “Everyone who is looking at the development of digital assets as a legitimate financial rail is not such an absolutist.”
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Author
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Yaya J. Fanusie
Adjunct Senior Fellow, Energy, Economics and Security Program
Yaya J. Fanusie is an Adjunct Senior Fellow at the Center for a New American Security (CNAS) where his research focuses on crypto, blockchain, and central bank digital currenc...
