“Geofencing” Could Block U.S. Users From Crypto Services
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Jake Chervinsky, Variant Fund’s chief legal officer, says many crypto founders are considering geofencing to comply with increasing scrutiny from U.S. regulators. Geofencing blocks users in certain regions from accessing crypto products using virtual fences. In an X post on September 30, Chervinsky called geofencing an extreme solution to the regulatory uncertainty in the U.S. The post “Geofencing” Could Block U.S. Users From Crypto Services appeared first on Coin Edition .
Source: Coin Edition
