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U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions
    Posted on 09/29/2023
It would be hard for a big exchange to repeat an FTX collapse if the firm?s internal flow of crypto assets was also reported to an outside repository that U.S. regulators could see. That?s the idea behind new legislation from Rep. Don Beyer (D-Va.) that would force exchanges to share the movement of digital assets now only recorded on their own ledgers.
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