DEF Publishes New Paper on the History of the Bank Secrecy Act & its Application to Crypto

On November 20, 2024, the DeFi Education Fund ("DEF") published a new paper written by DEF's Lizandro Pieper and Gavin Zavatone entitled "Square Peg in a Round Hole: Why the Bank Secrecy Act Should Not Apply to Blockchain Participants."

The paper investigates the history and design of the BSA, its application to crypto, and explains why software providers and operators across the technology stack are not subject to the BSA.

Please click here to read the full paper.