ilmscore | Prediction Details
"The proposal notes that anyone who can modify the parameters of a crypto project or protocol are able to collect kyc for tax purposes as pointed out on Twitter or rather X by a crypto sleuth named spreak the treasury's wording around this ability to modify parameters means that quote anything with a multi-sig wallet is a broker and is required to add kyc consider that most ethereum layer twos are controlled by multi-sig wallets"
By Coin Bureau | September 3, 2023 | Pending
From video
The Treasury is COMING For Crypto!! End of DeFi in the US?! 00:06:42 - 00:07:15
Interpreted Prediction
Layer 2 solutions, particularly those controlled by multi-sig wallets, could be deemed brokers and required to implement KYC due to their ability to modify protocol parameters.

Prediction Details

Topic
Layer 2 Solutions

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