According to the Bank Policy Institute, including digital assets in the Anti-Money Laundering framework is essential for safeguarding the United States financial system.
Hester Pierce, a United States Securities and Exchange Commission commissioner, argued that full transparency should not come at the cost of compromising good-faith efforts.
Lawyers claimed there was a “need to avoid” the public dissemination of documents Sam Bankman-Fried had shown a New York Times reporter that led to a story on Caroline Ellison.
French data protection agency CNIL said it finds the legality of Worldcoin’s collection methods “questionable” alongside the conditions for storing the data.