Laws like the Bank Secrecy Act, which turns 50 this week, have helped stop money laundering and terrorism. But KYC and AML requirements have served to harm the world's neediest through higher costs and reduced services.
via CoinDesk
Friday, October 23, 2020
CryptoCurrency News: Money Reimagined: ‘They Starve’: The Ugly Side of the US’ KYC-AML Obsession
Laws like the Bank Secrecy Act, which turns 50 this week, have helped stop money laundering and terrorism. But KYC and AML requirements have served to harm the world's neediest through higher costs and reduced services.
via CoinDesk
Subscribe to:
Post Comments (Atom)
bitcoin faucet
Popular Posts
-
The crypto services firm is connecting high-frequency traders who use electronic trading platforms to crypto exchanges. via CoinDesk -
Silicon Valley cryptocurrency unicorn Coinbase has taken an unusual and expensive step to recruit and retain diverse employees. via Coin...
-
New reports have connected an arrest in Greece today with a bitcoin exchange long known for its secrecy. Source via CoinDesk
-
.@SingularDTV Creates Entertainment Division https://t.co/gaJBckW0Rt [MORE]
-
Bitcoin looks north following a bullish technical breakout. via CoinDesk
-
More than 80 representatives from a variety of cryptocurrency projects and companies spent four hours calling for clarity around ICOs and ...
-
Short open interest for leveraged funds grows on CME as likely hedge trades continue to increase. via CoinDesk
-
EUR/USD made a clear break above the resistance line of 1.1860, reaching a high of 1.19, just below the next resistance level of 1.1910 an... -
Saint Fame, a decentralized autonomous organization (DAO), is part fashion house, part ethereum subculture. via CoinDesk
-
The zcash community has finished its Power of Tau ceremony in anticipation of the Sapling hard fork, which will occur later this year. v...
No comments:
Post a Comment