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253 sats \ 2 replies \ @clr 15 Aug \ on: AML compliance for cryptoassets [pdf] - Bank of International Settlements privacy
Given the widespread cross-border use of stablecoins, such safeguards could help to slow the erosion of monetary sovereignty and maintain the effectiveness of monetary policy
They are openly acknowledging that the goal is not to prevent crime, but to keep the fiat scam going.
They know perfectly what they are doing. They are not misguided; they are evil.
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102 sats \ 0 replies \ @anon 15 Aug
I know right? What happened to at least have the decency to lie? Geez I know they are worried as fuck of losing power but at least keep the theater on come on
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25 sats \ 0 replies \ @Scoresby OP 15 Aug
They state several times that routing around capital controls could easily be included as a negative toward the compliance score.
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