💨 Abstract

President Donald Trump has granted pardons to the co-founders of cryptocurrency exchange BitMEX, along with former employee Gregory Dwyer and an entity owning and operating the crypto exchange. The pardons were given for failing to implement a Bank Secrecy Act-compliant anti-money laundering program. This comes at a time of optimism in the crypto industry for looser regulation under Trump.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖