Binance’s head of regulatory affairs, Dugan Bliss, made a pointed argument at the sidelines of Consensus 2026 in Miami: no cryptocurrency exchange, including Binance, can ever achieve zero exposure to illicit finance, and regulators who expect otherwise are misreading how blockchain fundamentally works. Bliss, a former senior trial counsel at the SEC, framed it plainly: “That will never result in zero exposure. It’s the nature of the blockchain.…
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