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ยท 4M agoPart 8/13:
These tie-ins extend beyond simple compliance. The infrastructure being built explicitly includes features for monitoring suspicious activity, freezing wallets, and implementing restrictions at the contract level. With major players like Tether and Circle already complying with such measures, the frictionless and censorship-resistant ideal of cash is receding, replaced by a digital system that can be weaponized against dissent or political opposition.
The Reintegration of Traditional Bank Giants into Digital Infrastructure
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