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Weekly Roundup: US Government Refuses Afghan Funds Repatriation, Societe Generale Obtains VASP License, and More

U.S. officials rejected calls to return hundreds of millions of dollars of frozen assets to Afghanistan's central bank after an audit determined that the Taliban exerts undue control over the institution, Reuters reported. More Societe Generale obtained France's first-ever license to operate as a virtual asset service provider, or VASP, FinanceFeeds reported. More Four U.S. senators introduced legislation that would impose anti-money laundering rules on providers of decentralized finance, also known as "DeFi," and require owners of cryptocurrency ATMs to verify the identities of their customers. More The U.S. Federal Reserve launched FedNow, a real-time payments system, with an initial...

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